re: Ann: Pro-rata non-renounceable rights iss...
This has been a disater for shareholders, and I am not convinced that there will be much interst in takeup of rights issue, without some more promising news and/or prospects.
Although it is encouraging that larger holders are supposedly going to commit. A statement that fees and admin costs are to be reduced and/or contained would demonstrate a level of goodwill.
Am keen to hear what others think.
ZTA Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held