QAN 1.64% $5.99 qantas airways limited

The size of this so call "rights issue" is, according to my...

  1. 465 Posts.
    The size of this so call "rights issue" is, according to my calcs on shareholders equity, about 18% (@4.20)

    NOT a small one, does change the debt to equity ratio a bit, QAN has a lot of debt.

    By my rekonin the "small" shareholder got jipped again!

    Insto got first pick.... we get the dregs...

    The issues @ about 10% Fridays price close

    Oh well, theres a bit more room on the register now since BA didnt take up the offer:)))/

    GFd

 
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