rights issue, page-3

Yep........it shuuuuure is gonna be interesting to see how this unfolds!
Must check....I noted this issue being fully underwritten?
I wonder who?
Interesting to note also that SH's can apply for more than their entitlement. Does that also apply for TTY?
If so then TTY will be able to increase their stake in OLY by taking up extra rights wouldn't they ? Albeit that they would be paying a 3.3% premium by paying 7c for rights as opposed to the origional 10c offer.
Now i'm not too sure about corporate laws and rulings, but does this now mean that if TTY continue in their plan to take over OLY, that the offer must stay at no less than 10c, even though after the share dilution ?
The offer should only be 6.7c now!

There are some clever tricks being played here imo !
A bit too clever for ME i'm afraid !

Good luck to the ppl that bought all of my holdings in this Caravan thats trecking all over the sandy deserts!
Better to be on the OUTSIDE when it implodes me thinks!
But will observe carefully from a distance all in the name of learning hahahaha