Esthetics (counter code: 5081) share price drop on ex-date of rights issues.Although Esthetics share price drop but Esthetics offer you rights so that your Esthetics shares units will be increase in your cds balance.
Meaning ex-date of right issues:
Investor cannot sell their Esthetics shares before ex-date if they interested to subscribe rights issues so that the rights issues can convert into mother shares.
However, for those not a shareholder of Esthetics interested to subscribe rights issues can purchase Esthetics before ex-date not on ex-date.
For example,
Your rights issues offer to you: 3000
Your rights offer to you: 3000 x 2/5= 1200 units
Your free warrants offer to you: 3000 x 2/5= 1200 units
You can sell your Esthetics-OR: 07/12/2011 – 13/12/2011
Last date to sell your Esthetics-OR: 13/12/2011
New updates of your Esthetics shares into your cds account on 16/12/2011:
3000 + 1200= 4200 units
New warrant listing date (to be confirmed, normally after the rights listing date):
3000 x 5/2 = 1200 units (eg. Esthetics-WR)
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