TEX
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0.00% 8.0¢ target energy limited

ex rights issues, page-13

  1. ALL ORDS
    8,851 Posts.
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    18/06/08
    16:39
    Post #: 3876133
    This stock will fly the reason for the capping on the share price during righs issue was very smart, to make current shareholders not take up their rights issue of shares.


    The reason why they do this is is because they will approach a sophisticated investor or fund to take up one huge chunk!
    TEX Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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