MGT 4.17% 23.0¢ magnetite mines limited.

Ann: Rights Issue to Raise $5.65M, Underwritten to $4M, page-36

  1. 31 Posts.
    lightbulb Created with Sketch. 5
    Hi Rookie, can you explain how that works? " For every 4 shares you own, you can purchase 1 share at the discounted price"

    How do you do that exactly? I have 4 million shares at 1.2 , how do I exercise this option?

    I'm new to the Share market , Thanks in advance
 
watchlist Created with Sketch. Add MGT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.