Shares & Derivatives
For the Casual Croesus Rights players
By Bully The Bear  •  October 5, 2015
Croesus retail trust is doing a rights exercise. The mother shares just went XR last Fri and I thought I should highlight the important points to remind myself to take action. I always remember someone losing a huge amount on rights exercise in the past because of some misunderstanding. I hope this won't happen to any holders of Croesus. Here's the details from here:
The most important dates are the trading of rights entitlements, otherwise known as nil-paid rights, from the 9th Oct to the 19th Oct 2015. The second important date to take note is the closing date of the rights payment by ATM, which is on the 23rd Oct 930pm. Please do not forget to subscribe to your rights by paying for it, usually through the ATM, by 23rd 930pm. If not, all your rights will be rendered worthless! For those who are new to rights, here's ......
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By Bully The Bear
La papillion is french for butterfly. This blog chronicles my journey from an amateur in the stock market to where I am today. Have I turned into a beautiful butterfly? I don't know, but I think my metamorphosis is still on-going now :)
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