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FWIW here is the reply I received from FFX re In-specie...

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jgbit62

207 Posts.

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31/05/22

13:59

Post #: 61728344
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Originally posted by Red Baron: ↑

I've posted this before, just so there is no confusion, on Thursday your quote screen (maybe not on a mobile device) should show under status or basis of quotation "CE" which stands for CUM Entitlement. On Friday it will show "XE" for Ex entitlement. (Link for codes below).

The asx does this so you know what entitlements you either get, or don't get if you buy or sell on that day.
I can't find an example of this, but Dividend entitlements work the same way CD or XD as shown below

So if you buy with a CE code you get the entitlement, if you sell you don't
If you buy with a XE code you don't get the entitlement , if you sell you receive it.
The Record date merely determines who owns the share at the cutoff. The entitlement is received by either the buyer or the seller for trades around these dates.

One thing I meant to mention from the AGM, was they did say they should be able to announce the results of the shortfall offer early next week (which is now this week)

https://www2.asx.com.au/markets/market-resources/asx-codes-and-descriptors/codes-used-in-trading

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FWIW here is the reply I received from FFX re In-specie Distribution.

FFX Price at posting: $1.12 Sentiment: Buy Disclosure: Held
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