re: Ann: Non-Renounceable Rights Issue for St... with the SP below the right issue price you would have to be nuts to take up the rights issue.
Unfortunatley when this happens and see Oil search as an example no one takes the rights issue no matter how much people on HC push it.
Thumbs down to the rights issue and unfortunatley it will send a temporary bad signal to the SP - oil search and MOG as an example again. The SP will strugle for a while now IMO
Ann: Non-Renounceable Rights Issue for Stage 1 Pr, page-11
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