EHL 0.65% 76.5¢ emeco holdings limited

Ann: Successful completion of Institutional Entitlement Offer, page-23

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  1. 2,446 Posts.
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    You don't become a holder when you buy. You become a holder when you settle (pay).

    On the ASX this is known as T2

    "Under the ASX’s new T+2 settlement period, trades are settled two business days after the Trade Date. In the below scenario, if you trade on a Monday, settlement will take place on the Wednesday. Days are shown as an example only. T+2 will take effect from the day the trade order is executed." - commsec

    To be a holder at record date COB 26/8/20 you must have purchased on 24/8/20 (yesterday).

    Punters buying today or tomorrow will have no entitlement.
 
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