It will be interesting to monitor the VOLUME of rights trading...

It will be interesting to monitor the VOLUME of rights trading from tomorrow... Will a large third party (Amer etc) start snapping them up or would they just wait for a large placement from any shortfall...

Although unlikey to be oversubscribed I would imagine anything less than a 19.9% holding wouldn't even be worth a large (billion) dollar companies time so they may have to start accumulating ASAP... The pictures in the offer document strongly imply there will be an Asian based interest in this company shortly

Also of interest will be the new positions of the "insiders" in the wash up... Will Directors / Board members / Employees fill their boots???

If they do it will add a lot of credibility to the story