Hi all, see below an excerpt from Asciano investor relations this afternoon pertaining to the scaleback refund time and method:
"...the difference between the value of the New Securities issued to you under the SPP and your application money will be refunded to you as soon as practicable after the date of issue of New Securities. This is estimated to be around 26th August and no later than 28th August.
The payment method will either be by cheque or direct credit in Australian currency. It usually depends on the payment instructions of the securityholder in the share registry's records for Asciano.
If you have any other questions in regards to the SPP, please contact our helpline on 1300 729 310."
AIO Price at posting:
$1.51 Sentiment: None Disclosure: Held
