Hi TonyWAIW
No idea if they will do one
But if they do I hope it is a renounce-able rights issue
Terry McCrann had a very good article about them a while back in the Herald Sun
He suggested that they are the fairest way to go ,as everyone has a chance to participate
In a non-renounce-able R/I the holders who are unable to raise funds to participate lose out as their % of the company is decreased
In a renounce-able rights issue they can either sell their rights ,or sell some of their rights to buy up part of their allotment
RB
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