BPH 7.69% 1.2¢ bph energy ltd

Fed Court Date: 14th October 2024, page-108

  1. 5,775 Posts.
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    Assailed,

    A re issue can only occur after expiry.

    So forward date meets asx requirements.

    Nobody sold thinking they had rights because the right only applies to those holding bphob on expiry date.

    They can re buy bphob to get the right back. I'd not recommend this.

    Which I might add is before proxy vote date.

    The vote date is not special either, it is timed with all other resolutions at the annual meeting time.

    Also the initial notification, generally a month out, companies advise on expiring options.

    I note bph advised the proposal as part of that notification.

    Bph has not made decisions based on share price, but solely within there listing obligations.
    Last edited by mode1971: 07/09/24
 
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