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3.5¢ argosy minerals limited

2019 Charts, page-188

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BytheHorns

1,129 Posts.

493

11/03/19

11:28

Post #: 37717991
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Originally posted by Launched ↑

Yes mate not happy to see my recent purchase slip so quick and certainly not happy bout the opportunity this rights issue gives to take the SP even lower.

Question for all of you out there as I've emailed and called the company with no response.

Ex date for rights is 12th (tomorrow).
As I understand we can start trading rights from this day yet the company is only sending the letter out that we need to take this option on the 15th.
Then rights trading ceases on 21st.

First question is how can we fast track this process to be able to trade our rights from start date?

Second question is why have the company done it in this way (seemingly making it very hard for people to actually sell their rights)?

I'm not sure if I've missed something here but something seems quite odd here...

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You don't need the docs to trade your rights, they should appear in your chess acct tomorrow.

If you bought shares today those rights won't appear in you acct until the transaction is settled/finalised (T+2).

If you buy shares tomorrow (ex date) you are not eligible for any entitlements through the offer

AGY Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.5¢		Change 0.000(0.00%)		Mkt cap ! $62.60M

Open	High	Low	Value	Volume
3.5¢	3.6¢	3.5¢	$21.90K	625.2K

Buyers (Bids)

No.	Vol.	Price($)
8	827060	3.5¢

Sellers (Offers)

Price($)	Vol.	No.
3.6¢	914756	8

View Market Depth

No.	Vol.	Price($)
3	260000	0.155
3	61000	0.150
4	120313	0.145
11	406548	0.140
7	441138	0.135

Price($)	Vol.	No.
0.165	460315	8
0.170	295000	6
0.175	264333	3
0.180	515548	2
0.185	43900	3

Last trade - 16.10pm 15/11/2024 (20 minute delay)

AGY (ASX) Chart