OSX 3.33% 6.2¢ osteopore limited

Ann: Prospectus for Renounceable Rights Issue, page-17

  1. 7,492 Posts.
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    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
 
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