I think the rights offer record date to determine entitelments...

I think the rights offer record date to determine entitelments to the new AMP shareS is the 28th /10. That may explain the rise today.

Question. How long do holders need to hold their AMP shares after the 28th 5pm. ?

Can they still be entitled if they sell after that date ?


I'm not 100% on the process. Anyone know.?

If the record date is the only requirement then i would expect the bad news spin to begin and the price will fall to a level where people will question taking up the issue. Henderson is there weak link so i would expect that part of the business to cop the neg news.

The bookbuild is set on the 17th/12 and i presume the market price will be considered at the time.

I may sound cynical but i have been reading most financial papers on AMP for months now and a correlation of good and bad news and specific dates is blatant.

I still have plenty but will wait before accumulating more.

Question.. The split iS 1 for 1 but what is the expected dollar value split ?


Cheers