Ann: Opthea Completes Placement & Institutional Entitlement Offer, page-31

With all due respect, how is whther this stock trading ex-entitlement or not still a discussion? The record date is clearly given in the prospectus at 7pm 14 June, i.e. today.

As explained by so many (and this is basic share stuff), the ASX has a T+2 settlement. The last trading day for entitlement was literally 06 June by virtue of the trading halts.

It announced a trading halt morning of 07 June. The effective trading halt for offer purposes became 12 June.

Its like dividends. You don't get dividends on stock you precisely held on the record date, its what you hold in settlement on the record date (if you sold some since it went ex-div you still get div's on the amount you held "as of record" and settlement. Its on what you held on COB on the trading day prior to them trading ex-dividend date => two days prior due to the T+2 settlement on the ASX (it used to be T+3).

People need to get familiar with "cum-div", "cum-entitlement", and "ex-div", "ex-entitlement". If you can't grasp these basic concepts you are apt to make mistakes in your investment decisions and should probably leave it to the professionals.

This stock trades on an ex-entitlement basis today. As denoted by the ASX status code "XE" ex-entitlement today:



These are basics that you need to know peeps....