The LPDRD rights (which cost you nothing - they are given to you) entitle you to buy whatever that number of shares (ie rights to those shares) you are allocated at the offer price of 0.013 per share. It is up to you whether you take up that offer by the settlement date - details how to pay for those shares will be despatched to you soon.
If you do not wish to buy these shares you can sell the rights LPDRD through your account just as you would any other shares you hold. It is free cash for you as long as someone wants to buy them from you at your asking price.
If you choose to do nothing, no probs, they will just disappear from your account after the settlement date.
Hope this helps
GLTAH
Ann: Rights Commence Trading, page-21
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LPD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $17.17M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $2.937K | 1.391M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 14044136 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 57903049 | 60 |
View Market Depth
| Last trade - 11.39am 22/08/2024 (20 minute delay) ? |
| LPD (ASX) Chart |