MSB 0.00% 96.5¢ mesoblast limited

Ann: MSB Launches Entitlement Offer and Placement, page-123

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    The entitlements are not tradeable or renounceable (ie, you get no value for them if you don't participate). Unless you can find someone to settle your trade T+1 or T, selling standard T+2 today would have you as the holder on the Record Date. Record Date is settlement basis, not traded basis.
 
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