Hi, I have a question in regards to the retail entitlement offer. The offer outlines that the shares distributed are "non-renounceable" , "not tradable on the ASX". and "non-transferable".
What does this effectively mean? You cannot part with them? You can only keep them for dividends and basically cannot sell them for profit unless Webjet buy them back at some point in the future??
I am new to this aspect of stock trading and I would appreciate any insights. Thanks!
Retail Entitlement Offer
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Last
$8.59 |
Change
0.080(0.94%) |
Mkt cap ! $3.339B | |||
| Open | High | Low | Value | Volume |
| $8.41 | $8.61 | $8.41 | $4.938M | 580.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 2754 | $8.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.60 | 1310 | 16 |
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| Last trade - 14.43pm 30/05/2024 (20 minute delay) ? |
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Last
$8.62 |
Change
0.080 ( 0.90 %) |
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| Open | High | Low | Volume | ||
| $8.42 | $8.63 | $8.42 | 113069 | ||
| Last updated 15.03pm 30/05/2024 ? | |||||
| WEB (ASX) Chart |