CUE 0.00% 10.5¢ cue energy resources limited

I believe the entitlement will be exactly like a renouncebale...

  1. 549 Posts.
    I believe the entitlement will be exactly like a renouncebale rights issue. Shareholders will be entitled to buy 1 CUE share for twenty cents for each FIVE shares held on the day the prospectus is issued or a date soon after.

    Then there will be a two to three week period when entitlements can be traded on the ASX.
    ATM the entitlement is worth 4 cents. (SP = .24)

    Who agrees? Other explainations??

    all the best,
    R,
 
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