Also by making the record date for the entitlement 13 March (Next Wednesday) rather than today JZ has given time for any potential new holders who want to participate in the offer or get the free renouncable rights to trade time to get in too so we could even see a small spike in the SP possibly up to that date IMO. Again not saying this will happen but that is what occurred in the Westpac renouncable rights offer I was in.
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Also by making the record date for the entitlement 13 March...
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2 | 60000 | 0.091 |
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