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Started By
Message
re: Unclaimed Funds Question?
Posted on 1/14/15 at 4:13 pm to LSUFanHouston
Posted on 1/14/15 at 4:13 pm to LSUFanHouston
quote:
LSUFanHouston
I called my mother and she said she thinks she has some paperwork regarding this issue... is it possible that she has more shares and somehow only 7 of those shares found their way into the hands of the state?
Either way, however many shares I'm owed... they're worth ~$18 each... did I follow that correctly?
I appreciate all your help as my finance guy is studying abroad in Chile for the next three months and effectively out of pocket.
Thanks!
1
Posted on 1/14/15 at 4:19 pm to yankeeundercover
quote:
is it possible that she has more shares and somehow only 7 of those shares found their way into the hands of the state?
Certainly. But this is where it gets tricky. Assuming all the shares were redeemed, who else would have rec'd the money? One of the things I read (I have access to a database that tracks such things) is that 92 percent of the shares were tendered. It did not say what occured with the other 8 percent.
Get what your mom might have and go from there.
quote:
they're worth ~$18 each... did I follow that correctly?
yes, from what I can tell, that was the sale price in 2001.
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