Martin Lee @ Sg
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NOL Rights Issue Dates

NOL Rights Issue indicative dates are as follows:

Shares trade ex-rights: 17 June 2009 (Wednesday)

Dispatch of Offer Information Statement: 24 June 2009 (Wednesday)

Start of nil-paid Rights Trading: 24 June 2009 (Wednesday)

End of nil-paid Rights Trading: 2 July 2009 (Thursday) at 5pm

Last date for acceptance and payment of Rights Shares: 8 July 2009 (Wednesday) at 5pm (930pm for electronic)

Expected date for trading of Rights Shares: 17 July 2009 (Friday) from 9am

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3 comments
james says 10 years ago

thanks for the update!

i have a question… speculative of course.

any idea when the NOL shares will suddenly ‘dip’? I noticed that the share price of the concerned company usually drops at a certain time of the rights issue.

NOL seemed to correct when it was ex-rights… but it was also in conjunction with the market sell-off.

Anybody keen to give some non-obligatory, speculatory advice?

Start of nil-paid Rights Trading: 24 June 2009 (Wednesday)
End of nil-paid Rights Trading: 2 July 2009 (Thursday)
Expected date for trading of Rights Shares: 17 July 2009

Reply
    lioninvestor says 10 years ago

    Hi James,

    The “fall” in price should take place on the ex-rights date. ie 17th June 2009

    Reply
      james says 10 years ago

      oh well, it did coincide with the market fall. thanks! now let’s see if there’s another buying opportunity

      Reply
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