QGC queensland gas company limited

rights issue issue

  1. 45 Posts.
    QGC closed at .87c, rights issue shares are going for.63c and on ASX on 15 Sept.
    Question:Does the share price (after the rights issued shares hit the market) tend to move down toward the the cheaper .63c price or stay up near current prices - .87c. Im sure this has occurred with other companies and rights issues. All advice/speculation appreciated.
    RDK
 
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