taking up rights, page-7

Today there were 91,717 shares bought at 5.1cents.
Also there were 3,000,000 rights bought at 0.1cents.
Which offered better value?
..................

If today you bought 50,000 shares at 5.1 cents and you were going to buy all of your entitlement of 10,000 shares, you would spend:
50,000x $0.051= $2550
10,000x $0.050= $500
Total Cost......$3050 for 60,000shares & 10,000 options

....................

If today you bought 60,000 rights and you were going to buy all of your entitlement, you would spend:
60,000x $0.001= $60
60,000x $0.050= $3000
Total Cost......$3060 for 60,000shares & 60,000 options

...................

Nice to see the buy quote is up fractionally at the end of trade.
Enjoy your weekend,
Sharesontoast.....