bigbert,
"on what criteria did they decide on the issue price of 1.3cents?"
judging from the announcement that ankla and john young will take all the shares on offer should there be no interest from other shareholders, my guess is that 1.3 cents a share is the price ankla and young are comfortable with.
i have held ano for a long time. and since i have been able to wait this long, i think i'll stay a bit longer.
in fact i think i will join ankla to speculate on ano's future.
ano rights issue and cap raising, page-16
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