And if I took up the rights issue but sold my all existing my...

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g12m0

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07/09/18

23:37

Post #: 35473533
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Originally posted by ReXXar ↑

I have no idea what you just said. For FOR Despatch of Offer document announced on 6 September:

Ex date on 3 September (what is this, and how can it be 3 days prior to this announcement??)
Record date is on 4 September (2 days prior to announcement??)
Opening date is 6 September (?)
Closing date 21 September (?)
Units quoted on deferred basis (?)
Settlement date 26 September (?)
Issue date 28 September (?)
Commencement of trading of new units 1 October (?)

Can somebody explain all this in layman terms??

And if I took up the rights issue but sold my all existing my shares after "closing date/record date/entitlement date" (or whatever that day is called), do I still get the shares of the rights issue?

And what you mean between "date of entitlement" and "date of options exercised", what options??

When I was in uni I once took up a rights offer with ANZ, I subscribed to the max $15k allowed and made a killing, only because the offer price was substantially at a discount to market price at the time, didn't take a genius to work that out, with FOR rights offer why they're only issuing at NTA?? Shouldn't they be offering at a discount to existing shareholders like other companies do??

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And if I took up the rights issue but sold my all existing my shares after "closing date/record date/entitlement date" (or whatever that day is called), do I still get the shares of the rights issue?

The answer is yes.

FOR Price at posting: $1.63 Sentiment: None Disclosure: Not Held
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And if I took up the rights issue but sold my all existing my...

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