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Actually Joe, although I may agree with you with your point overall, I disagree with this. Ample time was NOT provided, it was more like 1.5 business days from what I seem to remember for Nio, which is definitely not a lot of time.

You sure? David advised on 27th August and gave til the 1st Sept. Including weekend that’s 5 days, but I take your point - maybe I think it was longer because I understood the impact of it being an ADR, which had been discussed long before that, and knew what the decision would have to be. Fair play.

It was not first thing on the day (assuming it was the 27th, I haven’t checked), I seem to remember that it was in the afternoon. Also, 29th and 30th are the weekend (Saturday and Sunday) and the 31st is a Bank Holiday. Also, the 1st does not count as they were going to be sold automatically at market open. So around 1.5 working days.
On a bank holiday weekend when people might be on holiday and not paying attention to their investments, in August when many people take holidays.

Very limited time.

And yes, users/investors may have seen it coming if they read the community forum and stumbled accross the thread, but I think only a small fraction of the total users of the T212 platform are on this community forum.

So, while I understand that it had to be done, I think the timescale was very tight. Hopefully if it happens again they give more notice.

All fair comments. I stand corrected.

I’d like to hope it won’t happen again as it is fairly clear when a company IPOs whether it’s a an ADR. But you never know.

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When do these become fractional?
I am desperately waiting…

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