SBM 2.94% 33.0¢ st barbara limited

News: SBM Genesis Minerals Completes Acquisition Of St Barbara's Leonora Assets, page-5

  1. 2,973 Posts.
    lightbulb Created with Sketch. 517
    Why the 11th?

    I've also found this timeline confusing but looking at page 5 of the explanatory booklet, "Important Dates",

    6 July 2023 St Barbara Shares trade on ASX on an ex-Genesis Share
    Distribution basis
    5.00pm (AWST) on 7 July 2023 Record Date - time and date for determining entitlements
    11 July 2023 Distribution of Genesis Shares to Eligible Shareholders and to the
    Sale Agent (for Ineligible Foreign Shareholders) **
    12 July 2023 Trading in Genesis Shares distributed to Eligible Shareholders
    expected to commence

    So I would have thought the capital revaluation/ sp drop would occur on the 6th.

    If I'm wrong please someone correct me.
 
watchlist Created with Sketch. Add SBM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.