DXB 1.28% 38.5¢ dimerix limited

Ann: Entitlement Offer to raise $5.5 million, page-66

  1. 3,520 Posts.
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    Ahhhhhhhh, one of the several reasons I love HotCopper - the levity provided by posts like this.

    @dyeman, go back to Grade 9 economics with Mr Richardson, and learn the difference between “number of shares” and “equity”.

    Quick hint: a pro-rated issue, regardless of the ratio used, will have exactly zero effect on the equity stake of anyone who takes up their entitlement.
 
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