#vincenski - for the purpose of getting a new share, yes, absolutely. For the purpose of "over subscription" no; that concept does not exist because all "new" shareholders or all existing shareholders who want to buy shares are not "subscribing" - everyone has to "buy" rights. Only by owning rights can you acquire new shares.
happy to elaborate more
Ann: RENOUNCEABLE RIGHTS ISSUE TO RAISE UP TO $8.15 MILLION, page-54
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Last
48.0¢ |
Change
0.025(5.49%) |
Mkt cap ! $72.61M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 49.5¢ | 46.0¢ | $40.33K | 84.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 50000 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 88773 | 1 |
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| ELS (ASX) Chart |