just read the letter carefully. There are two seperate entitlements
1) you are entitled to apply for 20 % or 1 in 5 of the shares you own (you are guaranteed to get these)
2) you are also entitled to ‘apply’ for any shortfall from other holders who do not take up point 1 (you are not guaranteed to get these as will depend if they are under or oversubscribed)
its a a very fair way to do it as a lot of rights issues don’t guarantee point 1 and can close early if get loaded In from eager people with deep pockets
just read the letter carefully. There are two seperate...
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Last
50.0¢ |
Change
0.008(1.52%) |
Mkt cap ! $41.63M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 51.5¢ | 50.0¢ | $78.72K | 156.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 82276 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 2050 | 2 |
View Market Depth
| Last trade - 15.50pm 18/11/2024 (20 minute delay) ? |
| JAT (ASX) Chart |