RCH richfield group limited

Hi EM,As per the ann of 15th Oct the enitilements are,...

  1. BSA
    587 Posts.
    Hi EM,

    As per the ann of 15th Oct the enitilements are, non-renounceable pro rata offer of New Shares at an issue price of $0.01 each on the basis of one (1) New Share for every four (4) Shares held on the Record Date, to raise a couple of mill $s.

    The stock as of today is trading XE or ex entitlement, meaning anyone who buys from today onwards is not eligible to partake in the entitlement(share offer).
    The ASX purge all orders as the stock is deemed to be slightly different to what it was yesterday(due to the share offer. So all new buyers and sellers are aware(or should be) when loading up a new order. This is much the same when a company goes ex dividend or ex capital return.

    Cheers
 
watchlist Created with Sketch. Add RCH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.