ELS 5.49% 48.0¢ elsight limited

Ann: RENOUNCEABLE RIGHTS ISSUE TO RAISE UP TO $8.15 MILLION, page-62

  1. 95 Posts.
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    @vincenski - remember you need 6 rights for every ONE new share. Meaning - 5000 new shares require you to buy 30'000 rights. The rights you buy end up in your brokerage account; or at least they do in mine.

    After the purchase you end up with 60'000 plus 30'000 right and you are hence entitled to 15'000 new shares. Instruct your broker to subscribe; (again) at least that is how my process works.
 
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