HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
On the detail page of all funds, except the studio funds, there is a notice that "The fund will delist when it surpasses H$100."
The practical way to handle it is that the Fund must pass the target of 100 overnight and is added to the calendar and delisted the next day at about 4PM. Delist is at "current price" so some funds delist a little over the target price.
Generally, the delists do not happen on the weekend.
In the case of the Studio Funds "Studio Funds delist and relist annually in September." All delist on the same day,at their "current prices" and re-ipo'd all within the same week, restarting at 10M.
So while the Theme funds may take anywhere from a few months to years before reaching the strike price, all Studio funds are one year only.
Movie Funds Delisted Oct 21, 14:50
funds delist when they hit $100...I don't know if there's a lag between hitting $100 and the actual delist {nm} Oct 21, 15:08
see my comment about it below. {nm} Oct 21, 16:14
On the detail page of all funds, except the studio funds, there is a notice that "The fund will delist when it surpasses H$100." Oct 22, 20:59
