Gday Cham using Kirils example if that buyer took up his allotment in the Entitlement Offer then at current prices of .008 heads and .004 options the immediate return on the Offer is 66%.
166,666 heads
83333 options
Total Cost $1000
166,666 heads @.008 =$1333
83,333 options @.004= $333
New Value $1666.
The key is when the Entitlement Offer is made the Record Date would have passed, so its like that jingle
"You've gotta be in it to win it".
everyone set?, page-11
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