MUZZA "Ex-date is the date the stock trade ex the entitlemnts as opposed to cum-date which trades including the entitelments. The ex-date for ROY was 16th Oct which means it trades with no entitlements to the rights issue. on 16th ROY changed its trading code to XR.
Record date is the date when ROYR shares are allocated to holders account whom held ROY at COB on 15th Oct." Do you mean COB at 22nd Oct as record date is 22nd?
Would you know what happens to ROY shares that for example I sell today (19th)? I have contacted share registry and they indicated that I may not get the rights on these shares as I would probably no longer be the registered owner at COB on the 22nd and the buyer has bought ex rights so they wont get them either. Seema a bit odd!
MFE Price at posting:
28.0¢ Sentiment: None Disclosure: Held
