DGR 6.67% 1.4¢ dgr global limited

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  1. 919 Posts.
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    I think (hope) you are wrong.

    From Commsec:

    "XE = ex entitlement XE first displays for a security from the morning of the Ex Entitlement date (generally one business day before the record date) and remains until the close of business on application's close date. Trading in securities displaying XE on ASX Trade does not carry the right to securities in the entitlement issue. For more information refer to the description of cum entitlement. All orders are purged at the end of the trading day prior to the security being quoted on an XE basis."

    1. Orders were purged.
    2. Record Date is 7pm tonight. Therefore today is one business day before the record date.

    3. It makes sense. Why should someone purchasing on market today have the same rights as those who have held (and sufferred) for so long?

    4. Price. We all expected a drop in SP once they went EX, but given the run in SOLG since DGR's suspension (up ~37%) and given DGR were trading at 7.5c at that point, does it seem about "right" that DGR would be trading at about these levels?

    Question:

    If you purchase today are you on the register at 7pm tonight?


 
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