I'm confused by your question :).
You have the option to purchase 1 extra share @ 60c for every 5 held, leaving you with 20% more shares. Alternatively do nothing, where you will maintain your initial holding - your holding will be diluted slightly as there will be more shares overall on issue.
I couldn't help myself and bought in today. Have no idea how current SP can lag so far behind the rights issue price, perhaps I will find out soon enough :).
one for five,a little help please., page-4
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Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $367.6M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 30.5¢ | 30.0¢ | $57.92K | 192.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 455492 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 116938 | 19 |
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| Last trade - 13.39pm 15/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |