Sallyd it seems you do not understand what a rights issue is??
A renounceable rights issue CANNOT under any circumstances be "scaled back"?????
Your allocation is determined SOLELY by the number of shares you own on cut off day.
In the event that the issue is UNDER SUBSCRIBED the company MAY allow "over" allocations!!!
Ann: Placement and Pro-Rata Non-Renouceable Rights Issue, page-14
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