AAF 3.85% 12.5¢ austral africa resources ltd

Look on ex date the depth was cleared, to qualify for the rights...

  1. 5,079 Posts.
    Look on ex date the depth was cleared,
    to qualify for the rights issue you had to hold shares the day BEFORE ex date.

    Whoever bought shares on ex date or after will NOT get rights issue.

    Sorry if some thought otherwise but it was explained by Raks and myself.

    It is confusing but that is the way it is, if you noticed there was a big sell first thing on ex date, that was why.

    this is not to say it is not good value at this price.
    small market cap with cash and something to sell.


 
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