Probably the day your apply. It will be written there somewhere.
Just make sure the account you nominate can accept Direct Debits, remember from the Mighty River Power I think it was , quite a few nominated a savings account that could not accept DD's
The day before you start to suffer from 'buyer top up regret'.
SNOOPY
Really not sure why anyone could suffer from that Snoopy. I could today sell the equivalent of my top up quantity and be nicely ahead. Not going to tho, happy to continue to accumulate.
According to NBR, Reuters reported this week that HNA (buyer of UDC) has requested a 3 months extension on a HK$3.5 Billion debt due for repayment on Friday. Their financial concerns continue and meantime ANZ maintains the UDC deal is on track with them continuing to work through the process and regulatory approvals required. Will this deal go through ? Looking very questionable in my view.
I will apply on the last day. What if there was a large market correction before then and the head share drops to to less than 1.70.
I thought about this too... for me I see more benefit in not having to waste time as I know that I want them and don't want to have any (even though minor) unexpected issues. Guess I am positive about the long term and believe in a positive outcome regardless.
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