Somehow you get the feeling they will come in with a 90 cents rights issue.
I hope not. Would like it to be $1.00 or very close to it. I also hope they do not accept over subscriptions as those willing to buy more than their entitlement, should be buying on the open market, forcing the share price higher.
1 for 12 with no over subscriptions would be ideal although not all shareholders are eligible which means it could be a 1 for 10.
If they accept overs then 1 for 15 or 20 with overs up to $3 million.
Not sure if they are still thinking about options. Currently they should not be necessary if they come in with a discounted rights issue.
Somehow you get the feeling they will come in with a 90 cents...
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Last
58.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $80.35M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3500 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.5¢ | 558 | 1 |
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