Corporate ActionsIndicative Price Rights Issue Fully Paid Rights Issue OFS Rights Entitlement Date of Credit
Clearing Price/Cut-off Price
In the world of finance, there exists a term known as the cut-off/clearing price. This is the lowest price at which the OFS (Offer for Sale) is subscribed. It is important to note that this price is displayed separately for the Retail and Non Retail Categories. Another term to be familiar with is the Single Clearing Price, which is the price at which shares are allocated to successful bidders in a proportionate basis. This means that all successful bidders are allocated shares at the same price. Lastly, we have the Multiple Clearing Prices, which are prices at which shares are allocated to successful bidders in a price priority methodology. These terms are essential to understanding the mechanics of the stock market and its various processes.
Related terms
Understand the meaning and definition of Indicative Price in the context of stock market, trading, and investments.
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