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paperlinx strange rights issue

  1. michinyon
    6,716 Posts.
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    01/10/08
    16:10
    Post #: 4333306
    Paperlinx have announced some kind of rights issue today. It is a very strange one, because they havent announced what the entitlement is ( one for three, etc ). They will be setting both the price and the entitlement through an insto bookbuild. No idea how that will work.

    At least they have avoided the Alumina scam of a retrospective ex-date.
    SRS Price at posting: $1.61 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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