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3.53% 44.0¢ elsight limited

Ann: RENOUNCEABLE RIGHTS ISSUE TO RAISE UP TO $8.15 MILLION, page-77

  1. vincenski
    3,218 Posts.
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    24/11/20
    12:46
    Post #: 49099272
    I totally Concur with you @fattchoi... that is how I understand it also when I read the Automic doc "Entitlement and Acceptance form"...

    You have to accept your full entitlement first and then there is an option to buy ELS shares at 45 c ( Shortfall Shares). Nowhere is it state that you need to buy rights first to be able to buy additional shares.

    @TLVCalling ... your comment on that would be appreciated.
    ELS Price at posting: 60.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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