Hmmm. I'm only relatively new to this wonderful share market game but todays trading down to a nice low of 0.041 then closing at 0.047 would surely dampen this wonderful new rights issue?
When you can buy on market at the same or probably lower price by the end of the week why would people take up the rights issue? Why would they buy at all?
They would need to pull a rabbit out of a hat very soon make it worthwhile and to keep going?
OR
Am I missing something very basic here? It's entirely possible as I am by anyones standards very much a newby. :-)
Cheers GazzaT
ORP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
