They said the entitlement offer timetable and details will be released in Jan which could be as early as next Tues. It is a rights issue so if you are holding now and continue to hold, you will be entitled. We won't know the cut-off date until the details are released.
@Davy Boy - the alternative to renounceable rights will be to enable shareholders to apply for shortfall. That doesn't help the shareholders who don't take up their rights but it does help the shareholders who want more than their entitlement.
Ann: $15m raised to fund Well Test & Cabora Bassa Operations, page-44
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