23 october

Can anyone enlighten me on the current situation; my understanding is that 23 October is the last day you can take up your rights
Therefore many shareholders are trying to sell the stock on market above 30c so they can take up their rights at 27c before 23 October.

Therefore once they realise that they won’t be able to take up the share offer at a discounted price they then should take their sell orders of the table after 23 October leaving a very strong buy side and there should be allot less resistance on the sell side??

Then things should start to take off..


Can anyone answer back that would be appreciated..