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Don't think he meant it was a stock status (we've been trading...

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naomhan

1,180 Posts.

1068

19/10/21

12:57

Post #: 56904953
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Originally posted by retiredyoung: ↑

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.

https://www2.asx.com.au/markets/market-resources/asx-codes-and-descriptors/codes-used-in-trading#:~:text=XE%20%2D%20ex%20entitlement,business%20on%20application's%20close%20date.

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Don't think he meant it was a stock status (we've been trading XB for a few days). Think he meant it's a new ticker that's appeared in his portfolio. I've seen that before on a few of the advisory service platforms (Macquarie, ABN, Morgans, etc)

ISX Price at posting: $1.07 Sentiment: None Disclosure: Held
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