From page 22 of 40 of the Notice of General Meeting announcement of the 2nd of May:
1.12 Indicative Timetable An indicative timetable for the Acquisition is set out below. Shareholders should note the below dates are indicative only and may change without notice. The Directors reserve the right to amend the timetable.
Event Date
Announcement of the Term Sheet 16 March 2016
Platypus Shareholders’ Meeting 30 May 2016
Rights Issue Capital Raising Announced 30 May 2016
Record Date for the Rights Issue 6 June 2016
Completion of the Acquisition 6 June 2016
Rights Issue Opens and Offer Document Dispatched 9 June 2016
Right Issue Closing Date 21 June 2016
ASX notified of Shortfall from the Rights Issue 24 June 2016
Holding Statements Dispatched 30 June 2016
Issue of Shortfall Shares to the Underwriter 4 July 2016
Thank you again Pirra. I really had thought the Record Date was the 18th of May. This timetable changes immediate SP prospects I would tend to think. We may be hovering around the high 2's for a while. Such a good announcement today and such a minimal move in the SP. The share offer / CR will surely draw buyers in but that, if this timetable above is kept to, is a month and more off.
More positively, is there not a site inspection report due soon? Madone wrote of this recently.
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