would you buy avx at .83, page-17

  1. 390 Posts.
    The offer document says that you can sell your rights so I aasume that they would be sold at the SP at the time of selling (eg.$1 as I stated)> the cost of shares+ cost of entitlement would be $12,120 (sell the rights)-$4000=$8120 for 10,000 shares. I allowed a bit for share fluctuation. Obviously the equation is changing by the moment, but it is making your buy in even cheaper I'm going to wait until tomorrow and then buy as many as I can afford.
 
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