Because the accounting industry decided to stop companies backdating an agreement and accruing profits before they had paid for it. As usual the solution is imperfect so it actually does not match to the date of agreement but to the date of settlement and the time it takes can actually take months especially if the vendor wants to get ATO approval for rollover relief etc.
PGC Price at posting:
79.5¢ Sentiment: None Disclosure: Held
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(20min delay)