rights issue issue, page-14

Pretty well right robboexa. Let's look at it again using the figures quoted earlier:
"Say i hold 1,000 @ 90c = $900
Entitled to buy 250 @ 63c = $158"
+ 250 rights entitlement trading @ 27c = $67.5 (this is the bit the earlier poster missed)


New holding 1,250 = $1,125.5

Theoretical trading price 90c

The lack of knowledge displayed in is thread is starting to convince me we are close to a local top... or I'm just starting to turn into a grumpy old man.