CVN 0.00% 20.0¢ carnarvon energy limited

The capital raise doc has the following line: Record Date for...

  1. 47 Posts.
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    The capital raise doc has the following line:
    Record Date for eligibility to participate in SPP: Thursday 10 May 2018

    Usually this means you need to have made the purchase 2 days prior to be on their records by the 10th. That's what it means for dividends, but i am not sure if that is standard terminology.

    The same doc also had an item about ranking:
    On an equivalent basis with existing Carnarvon shares.

    This sounds like the more shares you have now the more you will be allocated compared to someone else with a smaller holding
 
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