Yep that's it, and I wouldn't ignore it, if you don't want to participate or execute in either rights or options, just sell them for a profit as they come with no cost with the CR.
its not that hard I have few million MGT and a mill or so MGTOC and I'm pretty confident we will see execution price come mid 2021 and considering my MGT is a free ride, executing for 5c if SP is near 4c or above, falls within my R2R ratio so I'm not to fussed.
Ann: Rights Issue to Raise $5.65M, Underwritten to $4M, page-278
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14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.72M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5643 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 187429 | 5 |
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