Peeps, noob question alert... So last week I sold all of my OCA shares directly from within the computershare site. It's not really what I wanted to do, ideally would have kept circa 20% but the computershare site only let's you sell all or nothing and I was caught up in the sky is falling hysteria and hit sell lol. Anyway, given the record date was the 22nd and I was a holder at that point, am I still eligible for the offer despite not being a current holder? FWIW I got the email reminder today too.
Originally Posted by BlackPeter
You should still be eligible for the offer if you did hold them at record date - however - your current nil holding may or may not have some impact on their scaling decisions (I don't think they published their scaling criteria, and some companies use as well the recent share holding as criterion ...). Given the current SP - why don't you just buy as many shares back on market as you want, if you think that (around) 130 is a good price? Just saw - 130 was the closing price today anyway.
I can confirm that I did get allocated all that I'd asked for (was only ~5% of my original holding), despite selling the whole lot at the beginning of April. So the record date must be all that mattered.
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Originally Posted by Cyclical
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