going buy other companies rights issues, there is usually a 5 day inclusive window bw th ex date and the rec date.
Rec date is given at 10 june,add in one public holiday, and i'll tip these will be ex on tuesday the 3rd, which is same as their posted deferred settlement trading date.
So, IMO if you want in, buy Monday the 2nd june last opportunity, but as per my above post, i suspect the value is already built into the heads, as the heads rallied from 22c to 30c following this 1 may announce.
good luck.
cheers
GDA Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
