"I do know one thing though - the punters who took up their rights entitlement at 80c were wrong - they are almost 20% underwater already"
I don't think anyone who took up their entitlements, expected the company to re-list at more than 80c.
IMO many wanted to support the Company and were willing to accept this immediate paper loss in the short term.
Ann: Rights Issue Update-CDU.AX, page-22
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)