LPD 0.00% 0.3¢ lepidico ltd

ok guys .. explain this to me - I buy PLP at 3 cents on 1st June...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 142 Posts.
    lightbulb Created with Sketch. 9
    ok guys .. explain this to me - I buy PLP at 3 cents on 1st June so that I can be on the records of the company by 3rd June (original record date) and then I sell PLP at 2.6 cents on 2nd June (ex-entitlement date), happily taking the loss as I would be able to subscribe to the 1 cents right issue.
    With the new dates, I will be making a loss without being able to subscribe to the 1 cents right issue - I am guessing this is what ASX is looking at - the company cannot change the record date once the ex-entitlement date has passed.
 
watchlist Created with Sketch. Add LPD (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $25.76M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
78 62197485 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 81904154 43
View Market Depth
Last trade - 16.13pm 04/10/2024 (20 minute delay) ?
LPD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.