ELS
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2.38% 41.0¢ elsight limited

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

  1. TLVCalling
    95 Posts.
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    24/11/20
    11:58
    Post #: 49097150
    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.
    ELS Price at posting: 60.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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