BIT Charting, page-1545

Hey $$$$

Definitely follow the notion that shares could issued at a discount (in event of CR). Lol... not a done deal yet !

Equally, its not impossible (although I accept its unlikely) that we receive good news that means SP rises and we get a hypothetical raise above current price point though right?

Happy to be corrected because I wouldn't generally pay any attention to this sort of corporate action, ie if I like the story, I'd just participate in the raise.

For clarity though, assuming say a rights offer offerred (equally to all SH as opposed to say what a placement?) Where the offer is say 2 shsres for every 10 held??? Ie 20% per your example

If SH held 1m shares and there were say 1bn shares on offer prior. After the conpletion of the action, SH would have 1.2m shares and there'd be 1.2bn (presuming all offered shares taken up)

1m/1bn is equivalent to 1 2m/1.2bn from an ownership perspective/voting perspective right?

Because, per above, I understand that new shares can be sold at a discount but theoretically if funds are well deployed and advance conpany then ST movement is secondary right? Equally other way about I suppose.

By the way your % increase suggested for increase in issued stock looks consistent with raises over past 8 or so years. One smaller one in FY 15 or maybe 16.

From one perspective its more 'democratic' is it not to raise at a lower price? What if they announce one of the words Im n ot allowed to say and then said we"ll raise at (being facetious) $500 a share? That would be a deepest pockets wins scenario, deeply dilutive due to capacity of most retail holders, so I gather theres a rule that would prevent that? I think someone mentioned a window to achieve avg price over period of 6 weeks?

DYOR