ELS 2.17% 47.0¢ elsight limited

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

  1. 94 Posts.
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    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
 
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