NTL new talisman gold mines limited

NTL - Is a takeover bid on the cards?, page-6

  1. 11,352 Posts.
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    The rights issue announcement from yesterday.

    3 rights for every 1 share. Rights exercisable at 0.5 cents each. I think they will be tradeable rights which means you can sell them on market (if they are tradeable there will be a separate code for this).

    There will be announcements covering all the info in due course, it is a requirement of NZX/ASX rules.
 
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