INE india equities fund limited
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ine rights issue scaleback

  1. clintmci
    3 Posts.
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    04/09/09
    11:44
    Post #: 5598221
    Hi Guys,

    Anybody else apply for additional securities with the INER rights issue?

    Mine was scaled back to approx 12% additional (over INER holdings). Quite a harsh scaleback.. I guess this is in the best interest of all shareholders, but still disappointing from my perspective :).. Most entitlement offers recently have allowed me to apply for 3x additional (300%).

    Interested to hear if everybody was scaled back to this degree?

    I should note that 80% of my INER securities were bought on market (only 20% were from original holding), so not sure if that is a factor..

    - Clint..
    INE Price at posting: 46.0¢ Sentiment: ST Buy Disclosure: Held
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