MRM 0.00% $2.69 mma offshore limited

trading ex rights but cum div? , page-7

  1. 39 Posts.
    would the sale of the unsubscribed institutional rights today not have been behind the big drop? perhaps it will normalise by the end of March, and then being ex-dividend, when the retail shareholders unsubscribed rights go on sale perhaps it will drop again? I don't really understand this very well but see the announcement that the sale of unsubscribed rights is complete for the institutional bookbuild at 2.50?
 
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