QGC queensland gas company limited

spp -insider knows (offer 2b raised increased), page-7

  1. 6,204 Posts.
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    my fuzzy logic says that if you divide say 6000
    shareholders into $14.5 million dollars worth of 25 cents
    rights issue we would all get about 2400 each
    if you add the total amount of shares on issue and
    the new right issue together the diluted price comes down to about 60 something cents each , after hype
    price of about 55 cents still a handy 30 cents per rights share profit I suppose.
    cheers baxter
 
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