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25/08/14
15:25
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Originally posted by zxcv1234
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Thanks, and I have another question. My friend bought the shares before the trading halt, can he cash out his entitlement today? For example: he bought 1000 on 19/8, can he redeem 200 right issue today and receive a premium of $3 each? My apology, first time learner on the right issue entitlement.
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The quote below if from booklet Page 7.
Taking that into consideration , best check with your broker who will be the one to do the selling on your behalf
If you do not wish to take up all or part of your Entitlement, you may be able to sell all or part of your
Entitlement on ASX through your broker (see Section 3.5.2) or transfer your Entitlement directly
to another person (see Section 3.5.3).
> Retail Entitlements may be traded on ASX from Monday, 25 August 2014 to Monday, 8 September 2014
(ASX code: AGKRA). You may incur brokerage costs if you sell all or part of your Entitlement on ASX
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