AXM
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0.00% 1.1¢ apex minerals nl

re: reinstatement to trading Hi,I'm pretty new to share trading...

  1. amn
    27 Posts.
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    12/02/11
    21:56
    Post #: 7882436
    re: reinstatement to trading Hi,

    I'm pretty new to share trading and had a question.

    If the shares become "ex" rights on 15 Feb and record date is on 21 Feb, when would you expect the fall on the share price?

    If you sell on 15 Feb, then t+3 would mean that you would not be on the register on 21 Feb. You would be of the register on the 18th and therefore not entitled to the rights at 1c

    is this right?
    AXM Price at posting: 1.7¢ Sentiment: None Disclosure: Held
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