BWX 0.00% 20.0¢ bwx limited

If its a rights issue including retail investors (us) then an...

  1. 5,277 Posts.
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    If its a rights issue including retail investors (us) then an update will be provided at some stage so we can decide whether to take rights up.
    It will be a big raising $100 mill at say $6.50 per share is around 15.3 million shares to be issued. Some may be from cash/debt etc and the vendor will likely take some shares in part payment.
    Hopefully retail investors (us) will get a decent bite at the cherry. We usually get screwed with smallish rights. Hopefully better than 1 for 10!!
    Wait and see.
    Agree about frequency of acquisitions. Management had better be on the ball.
 
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