Rights issue again dates and buy/sell options22 Oct 2020 17:03
Firstly, I understand it was close of business tomorrow (23rd Oct) to be eligible for rights issue, but I received a letter from broker today stating that I need to hold threw the 28th Oct to be eligible, which is it?
Secondly, If I sold all my shares on the evening of the 28th or early on the 29th Oct, would I still qualify for the discounted shares? I understand that I would be highly diluted, so I would need to take up my full entitlement of discounted shares for it to work out ok as a decent deal, is that right?
many thanks