Jayinaussie, what you posted doesn't add up imo. You posted:
"If you hold 100,000 shares then you entitled to 50,000 @ 75c... 5.9 Mil offerred to holders- all the rest to Instos."
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As IFE have 50.794 million shares on issue, and you are suggesting only 5.9 million will be offered to shareholders, the rest to institutions, then that is less than a 1 for 10 issue. You can't be entitled to 50,000 shares if you hold 100,000 if less than one share for every 10 you hold is being made available.
Ann: Trading Halt , page-30
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