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.
Ann: RENOUNCEABLE RIGHTS ISSUE TO RAISE UP TO $8.15 MILLION, page-77
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Last
48.0¢ |
Change
0.025(5.49%) |
Mkt cap ! $72.61M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 49.5¢ | 46.0¢ | $40.33K | 84.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 50000 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 88773 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| ELS (ASX) Chart |