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
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Last
44.0¢ |
Change
0.005(1.15%) |
Mkt cap ! $95.08M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 47.0¢ | 44.0¢ | $57.24K | 125.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 15064 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 46695 | 1 |
View Market Depth
| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| SOM (ASX) Chart |