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1. Harjit   I Like It. |Report Abuse|  Link|February 14, 2022 11:06:19 PMReply
Can I sell my shares on the record date or a day before, to minimise any potential downside risk , and still get considered for tendering with the plan of buying them back when the offer opens. Or should I keep them until one day after the record date?
Experts kindly answer, any other rookie feedback is also welcomed in same regard
1.1. lokes   I Like It. 1|Report Abuse|  Link|February 15, 2022 10:45:06 PM
if your broker will debit shares on same day or next day from your account, then you will not be eligible so you can discuss regarding this with your broker and accordingly you can decide. Definitely don't sell one day before record date to avoid any risk, and regarding selling on record date, you may be eligible but still better to check with your broker once.