Well someone knew what was coming. A smallish parcel of oppies was offloaded at .8c which is a new low and 50% lower than the previous low for oppies.
Early june before new stock issued. Sp could be anywhere by then. 4.5c exercise on the new oppies, they could be trading for a cent or two by june and you get them fior free. There's a possibility that this is all makes for an spp offer to good to be true and some of the bigger mnm holders scramble for the heads tomorrow. There's always hope!
- Forums
- ASX - By Stock
- AUL
- rights issue
rights issue, page-10
-
- There are more pages in this discussion • 80 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)