The very one - one new share for every 6 old shares.
Then you get (half an option per share or as they state it) one option for every 2 shares from this capital raise which in turn entitles you to buy a further share @ 90 cts till March 23.
I don't know their broker but the whole exercise seems unnecessarily complicated. Maybe they lack experience.
Ann: RENOUNCEABLE RIGHTS ISSUE TO RAISE UP TO $8.15 MILLION, page-74
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Mkt cap ! $66.59M | |||
| Open | High | Low | Value | Volume |
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