Wrong.
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Offer timetable
Rights trading commences ASX: 23 May 2016
Rights trading commences NZX Main Board: 23 May 2016
Record Date for determining Entitlements: 7.00pm (NZ time), 24th May 2016
Opening Date 25 May 2016
Expected dispatch of document enclosing the Entitlement andAcceptance Forms25 May 2016
Rights trading ends: ASX 7.00pm (NZ time) and5.00pm (AEST), 6th June 2016
Rights trading ends NZX Main Board: 5:00pm (NZ time) and 3:00pm (AEST), 8thJune 2016
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So 12 business days (because of Queens Birthday Weekend & including today) on the NZX.