AGY 0.00% 3.7¢ argosy minerals limited

Ann: Renounceable Rights Issue to raise up to $6.2M, page-330

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  1. 46,726 Posts.
    lightbulb Created with Sketch. 8845
    Fully paid shares are trading ex entitlement today - so he could buy three shares at 10.5c each

    if someone would sell him 3 rights at 1c he would have to pay 10c each to convert them so he would be paying a total of 11c each but he would be getting one free 20c conversion price option with a 3 year expiry date
 
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