has gcn gone ex, page-9

  1. 5,079 Posts.
    because the offer is not to all shareholders,
    ie those who have less than 55k, there cannot be an ex date.
    when there is an ex date it is a little clearer, but you understand if they had an ex date it would have to apply to all, so there cannot be an ex date in this case because of the stipulation of a min holding.
    now this was the advice from computershare.

    in any case I have been told by my broker that t+3 is only for payment,
    if you buy shares today you have entered into a contract to buy those shares, and same if you have sold.

    according to my broker, and I urge others to check with theirs, if the shares are sold today I immediately do not own them, and the new owner owns them, now I had to get them to check with a supervisor as the first person was not sure.

    this is for information only and to be sure you need to check with your broker and ask the right questions.
 
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