Surely you need to discount on market purchases by 40% to compensate for the dilution of the capital raising or at about 9 cents if you are really considering buying on market.
I will still take my entitlements to keep Magna's influence manageable. This doesn't make absolute financial sense but I think is in the best interests of holders.
I haven't received my rights entitlements documentation yet. Anyone else missed out?
CCU Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held