"The Rights Issue will not be underwritten but Directors will retain the right to place any shortfall"
"Be interesting if they wanted a shortfall to take up the balance they just have to allow SLA to self destruct the way the price is going now and I iamagine they will get as many as they want."
I doubt whether majority of small holders will take it up. Holder of say 30,000 will get 3,000 worth about $500. More of a nuicance why would they worry. Small holders of SLACF get even less. IMO better for larger holders and opporunity for directors and friends to take up slack.
von.
SLA Price at posting:
27.7¢ Sentiment: None Disclosure: Held
