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