No probs Surandy70,
Agree, what a stuff up indeed.
It basically means that if you do not intend to take up your entitlement and you do not have a good broker, you have 7 days to sell your rights on the ASX, a bit of a joke really. (that's on the proviso that they are there on the 21st! )
Anyway, as you say, if you one of the many who I believe will take up the offer it does not make any difference.
In saying that, it still should be a "fair" offer for all shareholders, not just for the ones with cash to accept.
It could be a very interesting 7 days, with plenty of action given not everyone has the cash to accept the offer.
Cheers
R
No probs Surandy70,Agree, what a stuff up indeed. It basically...
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