Ultimately you will have a smaller allocation of shares as they need to be split amongst all subscribers. Therfore the original 1 for every 6 turns into 1 for every 24 as they dont have enough to go around. Unless they have made that number up to ensure theres enough to go around but i would be suprised.
I had one not that long ago and wanted the full 30k subscription, however was massively over subscribed and only got 2.5k worth. So really i shouldve sold out and bought at the retrace price of the CR.
I hope that makes sense.
Ann: A$20.4M FULLY UNDERWRITTEN RENOUNCEABLE RIGHTS ISSUE, page-128
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