Well I hope those that were waivering get their fill in the rights issue as bpay takes up to two days to process. One would think that the company would accept late applications as notification of shortfall doesn’t occur until Tuesday.
one would also expect the sp to fall a bit after the issue as some punters take their profits. For those wanting to top up, the 5th may provide an opportunity?
... and then there are the options, which could we’ll be in the money come next week.
good luck to all, time to open some bubbles!
Ann: Argosy Executes Sales Agreement with Mitsubishi Corporation, page-164
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