PLS 3.23% $3.00 pilbara minerals limited

Ann: Completion of Institutional Entitlement Offer, page-38

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  1. 1,119 Posts.
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    I believe that if you buy today you are just entering a contract to pay for the shares in two days. They are not actually yours until they are paid for in two days and that date (settlement date) will be the date they are in your name. That is why shares are trading "ex-entitlement' today. Of course I could be wrong...it has happened before.
 
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