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noob question re retail entitlements offer

  1. YDADDYK
    3,537 Posts.
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    12/06/09
    17:45
    Post #: 5274010
    Hello,

    Simple question really.

    I have in the mail the offer of 2 shares per 9 at $0.28 per share.

    Simply put, if I took up this offer is there a time limit on when I can sell those shares on the ASX?

    I gather you can't just buy them one day at $0.29 and sell the next at $0.40 or whatever the current SP is... ?


    Thanks for helping me understand.
    PNA Price at posting: $2.10 Sentiment: Buy Disclosure: Held
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