IHG intellect holdings limited

Ihg report 31.1.05,that of 156 million not taken up,68 million...

  1. 653 Posts.
    Ihg report 31.1.05,that of 156 million not taken up,68 million will go to abn-amro as priority sub-underwriters,the balance goes to the general sub-underwriters.Any that the general sub-underwriters dont want can go to the 18 million wanted as shortfall applications.This may not yet have been decided.In any event it looks positive for all holders,once the smoke clears a little.
    On the day the rights issued expired I noticed around 20 million being available the last hour or so at 1/10 of a cent.2.6cents total cost,a bargain.Nobody wanted them.(at that time)
    regards
 
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