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
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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.