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3.57% 5.8¢ osteopore limited

Ann: Prospectus for Renounceable Rights Issue, page-17

  1. bedger
    7,509 Posts.
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    15/03/24
    10:17
    Post #: 72900139
    This action from a purely logical process just should not be allowed by ASX/ASIC.

    It seriously derails a quite common entitlement process. The stock was solidly bid yesterday cum entitlement at $0.30.

    This stock, from my calculations literally untradeable now ex-entlement until the restructure has occurred, because stock traded in this period will be massively adjusted. I believe the ASX is clueless on the mathematical mechanics of this, let alone retail investors.
    Last edited by bedger: 15/03/24
    OSX Price at posting: 5.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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