ELS 8.33% 44.0¢ elsight limited

Ann: RENOUNCEABLE RIGHTS ISSUE TO RAISE UP TO $8.15 MILLION, page-74

  1. 95 Posts.
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    The very one - one new share for every 6 old shares.

    Then you get (half an option per share or as they state it) one option for every 2 shares from this capital raise which in turn entitles you to buy a further share @ 90 cts till March 23.

    I don't know their broker but the whole exercise seems unnecessarily complicated. Maybe they lack experience.
 
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