No I don't think that is correct. By way of example, I sold my shares in SOM for 28c one day before the entitlement cut off date, but can still participate. Need to purchase the shares 3 days before the cut off date to be on the register to participate.
Ann: Dispatch of Entitlement Offer documents, page-7
Add SOM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
37.0¢ |
Change
0.020(5.71%) |
Mkt cap ! $79.96M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 37.0¢ | 35.0¢ | $72.27K | 205.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 7999 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| SOM (ASX) Chart |