ADE 0.00% 19.5¢ adelaide energy limited

Ann: Non Renounceable Rights Issue Letter to Shar, page-6

  1. 8,972 Posts.
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    re: Ann: Non Renounceable Rights Issue Letter... yeah very strange that the rights issue (and placement) is so close to SP. Eitehr it was organised when the SP was closer to 20c...or they have some good announcements that they think will push the price up and therefore make the rights issue successful.

    Personally, hoping it falls today so I can top up below placement/rights price. Though I intend to take up my rights entitlement as well (and apply for additional) to support the company. My broker has always said I'm too nice a bloke for this investing gig :-)

    Cdchi1
 
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