do not expect the sp to move at all, after all there is a rights issue on,
what will be interesting is the rights trading, smart move by the company to make them renouncable, might provoke some bigger players in who can mop up the rights on the cheap, the main point is now shareholders have a choice, take up your shares or sell your rights,
hopefully win both ways
Ann: Renounceable Issue , page-6
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