ADY 8.33% 1.1¢ admiralty resources nl.

Ann: Rights Offer to Shareholders , page-10

  1. 1,818 Posts.
    lightbulb Created with Sketch. 473
    hmmmm lets see the rights issue will raise (if all the max. shares are allocated) just over $5.8 million dollars.
    Exactly how much of this will be left over once, as they say to retire existing external debt.

    Has anyone done the calculations for this.

    I have a feeling that the SP may slip back to 1.5 - 1.6c because of this new issue in the short term.
 
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