RE: Some serious misinformation on here10 Sep 2021 18:08
I try to be heplful and accurate so you are welcome Mr Fogg.
Time will tell on Monday when it will be a frenzy of who siad what. On Monday i will be trading once HL have updated all. Usually not at 8am unfortunately.
Hope 123
You will see the plunge on Monday as the ex right takes effect. Where it ends who knows.
TomBombadillo
Even more confused by your conclusion in para 3 on your para 2 post :)
So I can also read that if you do not hold shares your cannot participate, but if you did you can freely add before Monday and still have rights whereas those who held Zero would not get the same treatment.
A minefield to be sure.
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My final interpretation ( my FCA hat on here)
The record date 6pm Wed determines the actual shares in issue that will attract rights.
This is a fixed number.
Number of Shares in issue at the date of this document
456,749,631
New Sharesto be issued by the Company pursuant to the Rights Issue
301,260,394
The 301,260,394 rights is a fixed number. The ownership of these rights will be able to change up until the ex rights date (13th). In this regards the pre Monday holding - ie at close today determines it all.
Got it now - I think - lol.
Good weekend everyone.