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Bets on the cap raise share price?, page-63

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    lightbulb Created with Sketch. 40
    The method to calculate the ex rights price is to multiply 650 shares @ $13.69 which equals $8900.
    Then you add 100 shares @$6.50 which equals $650 and a total of 750 shares for $$9550.
    Your average for 750 shares is $12.73 and this is the ex-rights price. I don’t know where the $8 people got their numbers.
 
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