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PLP looking Prime, page-313

  1. a_t
    1,114 Posts.
    lightbulb Created with Sketch. 25
    Hi Canrio,
    Even I am new to Australian market. What I understood about rights[PLP] is below.

    According to General Meeting document, page 22, Rights issue opens and offer document dispatched on 9th June. I believe we will get all the information on the document. Its up to you whether you opt for it or not.
    We will get some idea after GM on 30th May.

    As per the document, Record date for rights issue (eligibility) - 6th June 2016. Normally keep 2 days for the shares to be transferred and allocated to your name. So I will keep as 2-3rd June[ being 4 & 5 - Weekend] to be on safer side to get rights option.

    We are lucky to have many investors who knows Australian Market better on our blog, I am sure they will review this and add more info if required.
 
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