RE:RE:Not exactly price dilution?RocknJuan wrote: I hear you on the "Record Date - NR implies that a holder as of the Record Date will recewive the new shares. But this IS WRONG!!! The Record Date only grants right to vote. Share distribution will be based on the Effective date!!!!!!! And there will be a notice issued for the Ex-Date after vote (assuming it passes).
THIS IS FREAKIN AMATUER HOUR AT TUD!!! CANT EVEN GET A BASIC NEWS RELEASE OUT WITHOUT MATERIALLY MISREPRESENTING!!!!!!!!!
I could be wrong, BUT I DONT THINK I AM.
But I think they f@ckd up.
That's how it would normally work for sure! The way the release is worded though it sounds like anyone buying shares after the AGM won't get the spinout shares. Not sure which is correct, but you're right....clear as mud lol!!