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2.38% 41.0¢ elsight limited

You can only apply for "shortfall shares" IF there is a...

  1. TLVCalling
    95 Posts.
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    24/11/20
    13:04
    Post #: 49100036
    You can only apply for "shortfall shares" IF there is a shortfall. If all the rights have been taken up there isn't any shortfall.
    Hence - if you wait for the shortfall you might wait for ever; if you want the incremental new shares you need to buy ELSR.

    One ELSR = 6 rights

    One ELSR + 45 cts = One new share (+ half an option @ 90 cts strike)

    I hope it helps - need to do some work, finally; back later
    ELS Price at posting: 60.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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