Does anyone know if the new TERP if a holder takes the additional shares up, for example subscribes for 200%?
I understand the net outcome for the company is the same, the difference is one holder is diluted heavily and the other has managed to average down significantly by pouring in more capital.
Does that mean the person who poured in 200% has theoretically bought in with a lower Ex-rights Price?
Does anyone know if the new TERP if a holder takes the...
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