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
- Forums
- ASX - By Stock
- depth
RCH
richfield group limited
Hi EM,As per the ann of 15th Oct the enitilements are,...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RCH (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online