re: Ann: Non-renounceable Entitlements Offer ... So it looks as if the shares will recommence trading on 4th Nov. It'll be most interesting to see just how many holders rush the exits that day. Presumably the opening price will be in the 12-15c range so everyone thinking of selling will have a tough choice to make as to whether the SP may rebound a little as the new shares bed in. Anyone care to speculate as to what the SP will be a week or two later? I guess that would depend whether any good (or less likely, bad news) is released in that period, plus the general state of the market.
Ann: Non-renounceable Entitlements Offer - Closin, page-2
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