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2.38% 41.0¢ elsight limited

Ann: RENOUNCEABLE RIGHTS ISSUE TO RAISE UP TO $8.15 MILLION, page-52

  1. TLVCalling
    95 Posts.
    lightbulb Created with Sketch. 21
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    23/11/20
    20:12
    Post #: 49081418
    A rights issue can not be over subscribed; there are 110 mio shares outstanding - those are the rights outstanding. They can be bought or sold. "Over subscription" for rights issues does not exist - rights left with the underwriter, in theory, could happen though.
    ELS Price at posting: 58.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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