QGC queensland gas company limited

QGC closed at .87c, rights issue shares are going for.63c and on...

  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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Currently unlisted public company.

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