OOPS ! What a GOOSE I am !
Just doing some sums on rights issues and realised that I made a bit of a maths error on this one!
SORRY FOLKS !
Based on the tty takeover offer of 10c, the new share value after the rights issue would be 9c and not 6.7c as I previously stated. That does change my thoughts on this a bit. It's obviously not the shareholder ripp-off I thought it was !
{stupidly forgot to include a very important number in my calculation}...GOOSE!
I better think this Through properly before i make total idiot of myself.
My Apologies
rights issue, page-11
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