BCI 0.00% 25.0¢ bci minerals limited

Ann: Successful Institutional Equity Raising, page-4

  1. tcf
    6,864 Posts.
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    Numbers are interesting.

    BCI has approx. 7700 individual shareholders.

    If each took up $30000 rights the company would raise a quarter of a billion ($250,000,000).

    If BCI limited its rights issue to $20,000,000 each shareholder would be limited to approx. 2,000 shares. ($860).

    shareholders ain’t gonna get many shares through the rights issue IMO.


 
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