IRL india resources limited

"The new Offer is being made as a Renounceable Entitlement issue...

  1. 6,356 Posts.
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    "The new Offer is being made as a Renounceable Entitlement issue of one new share for every share currently held, with an issue price of A$0.15 per share. It will also include one free attaching option for every new share issued, with a strike price of A$0.15."

    Not sure why IRL get shares at 5c.

 
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