re: rights issue - mcneil's selling down Now wouldn't YOU take advantage of the current share price if you were holding all those shares? All they've done is sell a load at the current share price, and take up the rights shares and options at the 14 cent price. Smart move, I call it. Obviously, if they didn't think the shares were going to be worth a whole lot more than the 14 cent price, they wouldn't have bought the rights issue - just sold.
I'd say there's nothing to be concerned about. I got my load of rights issue shares and options, and am quite happy with that decision.
- Forums
- ASX - By Stock
- MMN
- rights issue/allotment of shares & options
MMN
macmin silver ltd
rights issue/allotment of shares & options , page-6
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MMN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online