Unfortunately you’ll never sell them at this rate..
There was 1.75B on offer as close of trade yesterday.. Theres now over 4B.. No one wants them either and I’d speculate the orders going through are those who don’t understand how the rights work..
With the tight trading schedule, it’s pushing the proverbial up hill with a fork..
Then the consolidation doesn’t help the situation..
I’ve seen some pretty out there raises in my time, this one is up there with the ones that left me with Forrest Whitaker eye..
Ann: Despatch of Offer Document and Rights Offer Now Open, page-26
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