Wow 700k shares!
Proof that money can’t buy brains!
Mate you are incorrect wrt entitlement timing, as others have noted and explained.
Your share transactions will NOT be registered until T+2, which means:
Any shares bought within 2 days of the record date will NOT count towards your entitlement;
Any shares sold within 2 days of the record date will NOT reduce your entitlement.
I (and many others here) have first hand experience with this.
Please stop pushing an assumption until you actually investigate it properly and have either multiple sources of confirmation or at least a high degree of certainty that you are correct!
T+2
Please research what that means and how it affects entitlement in situations like this!
Otherwise you are just perpetuating confusion amongst others trying to clarify!
Thanks
Ann: Completion of Institutional Entitlement Offer, page-72
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