STO 1.18% $7.74 santos limited

$3.85 a share entitlement offer ??, page-2

  1. 2,943 Posts.
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    "Any retail shareholders who do not wish to take up their entitlement can either trade their entitlement on ASX or do nothing and let their entitlement be offered for sale through the book build process managed by the underwriters"

    So, I don't get it.... Say I am happy with what I have. I do nothing, right but what is meant by "trade their entitlement" or '"let their entitlement be offered for sale"
    Last edited by Ozzyleb: 09/11/15
 
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