I've got my refund, although I'm a little confused as to the calculation. Bitcoins are now around the $480 mark, so if the refund from KNC is coming back in dollars and being used to purchase bitcoins for the refund shouldn't this be more like:

Neptune 5:
$10000 - 5% management fee = $9500
$9500 / 60 shares = $158 a share
$158 = 0.329 BTC

Based on the previous post, each Neptune 5 share has been refunded as 0.2565 BTC?


I've no issue over the 5% fee as I think this was displayed upfront and is fair, I just would have expected more BTC back as the refund was in $