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Share
09/01/10
20:27
Share
The following are taken from the SPP Offer document:
"The shares will be alloted within 10 business days after the closing date."
"The Company will apply for the Shares alloted to you to be quoted on ASX, within the relevant period specified in ASX Listing Rules"
So closing date 14th Jan. Plus 10 business days = 28th Jan.
So shares alloted 28th Jan.
I think the ASX Listing Rules say 10 business days from allotment to quoting on ASX.
So that would mean they would be first quoted on the 11th Feb??
I am a little concerned about what could happen in a month to global markets. Will have to see what happens early next week and weigh up risks.
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