1. Most Discussed
  2. Gainers & Losers

when do anln become anl, large gap in prices

  1. old man river

    3,353 Posts.

    Surely ANLN deferred shares become ANL ordinary shares when the rights are all fully paid up on Feb 14. Then in the following week, when registry has caught up with registrations etc, ANLN disappears and everyone is left with plain vanilla ANL shares again.

    If this is the case, why then are the ANLN's at 6 cents and the ANL's at 8 cents, despite the fact that in 2 weeks time these will effectively be one in the same?

    Thereotically there should not be such a big gap. Logic suggests these prices should be much closer, but then this market is not logical.

    Am I missing something? Are the ANL ord shares now trading 'ex rights'?

    Anybody, anybody?

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.