Hi Robbo As I understand things. Buying a right on the market at the moment entitles the buyer to recieve 3 shares for each right with the payment of .005 cents per share. ( I will have to check this ) If this is correct then those rights are cheap. I purchased a small parcel this morning 200000.I would expect to get some good announcements from NTL before the application date. Bring on a Good announcement from LNYs drilling and then we have 2 arrows in the one bow DYOR Towie
NTL Price at posting:
0.5¢ Sentiment: Hold Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.