MEO 0.00% 0.0¢ meo australia limited

spp offer to be withdrawn new record date

  1. 6,669 Posts.
    Well I also believe that the Directors can at any time, withdrawl the SPP plan all together and set a NEW Record date a week or so down the line..

    Obviously it needs to be fair and reasonable date for thiose who have already sold out, so they do not get unfairly discrimanted against.

    So I have a gut feeling, the SPP Offer will be withdrawln and a NEW reocrd date will be announced, closer to the end of the month.

    The record date will be 5 business days after the ASX announcement date, thus giving others who have sold out after the previous record date, a chance to re enter and be eligible for the SPP

    I still hold a small parcel under 4 HINS so I am not going to sell any holdings....

    Kind regards
 
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