I bought rights on market and two weeks ago sent through the Appendix E form and a cheque to exercise the rights to Computershare Western Australia.
However, the amount I have to pay for the heads has not been credited from my bank account.
Furthermore, today I received a letter from Bell Direct (the broker from which I bought the rights), and there was a letter with the appendix E form and in the letter, it states the cheque has to be marked not negotiable. The cheque i sent through did not have any such marking.
Would the cheque I sent be accepted by Computershare, or do i have to cancel that cheque and send another one out tomorrow by Registered post.
CTP Price at posting:
11.9¢ Sentiment: LT Buy Disclosure: Held
