Hi Peachy , With the entitlements ,I was talking about the potentially salable '' rights '' that arise to present shareholders , because it is a renounceable share raising. For instance , if the share price was 10c , and there was no other way to get the 5c shares , then the ''entitlements'' might be worth 3 to 4 c . My gut feel is they will not have any value, because there is only a small premium to the raising price and the possibility of them becoming worthless if the deal doesn't go thru .
What i am talking about does not reflect one way or the other , about the prospects for the share price in the medium or long term. cheers
RWD Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held
