TEX 0.00% 8.0¢ target energy limited

ex rights issues, page-15

  1. 8,851 Posts.
    Samsung,

    This is the way I see it. If no one takes up their rights issues which at current share price why would you even buy them at 13c when you can get them on market at 12.5c today.

    Then if no one takes them up then the company will be able to offer a big parcel of shares to a private investor or fund .......??

    understand? They will now approach the top 20 holders to see who would like to take up the most of the raising.

    This is a good sign!
 
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