I would presume the share distrubution of the shortfall would be given on a pro rata basis per the amount that holders requested. It would be impossible to give an older holder preference over a newer holder as at the times the offer is announced they are the dates that count in the prospectus are
Ex-Rights trading for existing Shares and Rights trading commences 12 May 2009 and the Record Date 18 May 2009
As a share holder you are a part owner of a companyt at that point in time and that is irrelevant for how long you hold the shares for
Hoges in darwin
BIG Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
