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
26.0¢ |
Change
-0.015(5.45%) |
Mkt cap ! $56.18M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 27.5¢ | 26.0¢ | $13.19K | 50K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 110000 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 100000 | 1 |
View Market Depth
| Last trade - 10.10am 30/05/2024 (20 minute delay) ? |
| SOM (ASX) Chart |