And like I said T+2 is Friday+2=Tuesday.
If you bought AIZ shares on Friday 1/4:
- XD is on Monday 4/4 and surprise surprise the SP tanks as the rights are no longer attached to the share.
- 7pm on Tuesday 5/4 is record day so you are entitled to the rights if you bought on 1/4.
NO where did I say anything about T+1.
If you need a more local explanation try this one:
https://www.commsec.com.au/education/learn/investing-basics/whats-two-day-settlement-or-T2.html#:~:text=The%20trade%20date%20(known%20as,date%20plus%20two%20business%20days.
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 (20min delay)
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Last
53.0¢ |
Change
-0.005(0.93%) |
Mkt cap ! $1.751B | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 53.5¢ | 53.0¢ | $20.59K | 38.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 440005 | 53.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.5¢ | 95399 | 9 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| AIZ (ASX) Chart |