Ann: ROPER BAR AREA E - DRILLING REPORT , page-6

well whoever sold out today wont be getting the rights. they had to be a holder at 7pm today to be eligible.
i also sold out my whole holding. the estimated price drop after dilution isn't worth the profit from the gain.
IE. to cover the price drop, the price gap between post SP and rights issue offer price need to be 5 times more than the dilution (since its a 5:1 offer)