ERA 2.63% 3.9¢ energy resources of australia limited

"takeover possible", page-40

  1. 791 Posts.
    other way round baz

    7 shares at 3.29
    12 shares at 1.53

    Theoretical ex rights price is around 2.18

    So if you sell your rights they may be worth around 60-70 cents. Maybe. No way all the retail holders will want to double up in this stock so RIO will grab a heap more rights. Takeover by dillution.
 
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3.9¢
Change
0.001(2.63%)
Mkt cap ! $863.7M
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3.8¢ 3.9¢ 3.8¢ $7.52K 195.7K

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No. Vol. Price($)
3 152642 3.6¢
 

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Price($) Vol. No.
4.0¢ 249166 3
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