Anyone got any clue on this after market trade for
2 billion, 147 million, 483 thousand, 648 shares that is classed as ETXT which apparently is an ETF special trade (some weird symbols not on my keyboard) cross trade?
I note that it does not specify a unit price for this transaction or a value which if was at 42 cents would be
901 million, 943 thousand,132 dollars and 10 cents. So I am assuming this is an Exchange Traded Fund that held our shares and is selling/ transferring/ lending/ magically transmogrifying over 2 billion of our shares from one place to another in a single transaction for some worthy reason?
Wow, if I did that sale my brokerage fee alone would be
$992,137.45cents.
And heavens to murgatroid, I shudder to think what my CGT liability would look like!
Would probably have to spend a year dead for tax purposes.
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