APX 5.35% $1.97 appen limited

Ann: Successful Completion of A$285 Million Placement, page-47

  1. 2,050 Posts.
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    My understanding is that you would be eligible because the shares stay under your name till the settlement date. But I am not a 100% certain and will appreciate if someone can correct me if I am wrong.

    Also, based on the third paragraph under the heading 'How it works', you are in this case the seller selling on the 'record date'.

    https://investinganswers.com/financial-dictionary/income-dividends/ex-dividend-date-2121

    As others have pointed out, don't get too excited as there may be a significant scaleback (especially if the upper gap is filled, the SP will be too tempting not to participate.)
    Last edited by Swage_17: 13/03/19
 
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