PBH 1.09% 45.5¢ pointsbet holdings limited

Ann: Capital Raising Announcement, page-64

  1. 153 Posts.
    lightbulb Created with Sketch. 17
    Interesting idea. Can anyone else confirm whether this logic is solid? To me it seems to cancel itself out I.e.
    Sell current holdings at $4 >
    Purchase rights at .80c >
    Buy at $3.20

    Aren't you right back where you started lol? Or am I missing something?

 
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