BCN 4.35% 2.4¢ beacon minerals limited

selling rights after ex-rights, page-35

  1. 23,992 Posts.
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    Yes, that's another scenario HC - sell all Thursday or later to still be entitled to take up full issue.
    Of course, in that case you need to make sure you get more than 2.2c when you sell!

    Damned shame that they've encouraged selling to cover for a 100% or zip take up.

    I was looking at BCN last night as a potential trade, but not going to happen with that clause.

    Good luck all.
 
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