"The plot thickens."
shouldnt that be "the plot sickens"? lol.
I agree with your thoughts & noted that it was stated clearly in the ann. that shareholders should not hope to apply for more than their entitlement....i.e. there will be no shortfall like before....because obviously all shortfall will be snapped up.
I note there are 2 underwriting entities.....could one read that to mean there are 2 accumulating entities?
The only reason for splitting the underwriting would be to share risk, and if we are right there will be no risk....???
I would say MCR will not participate,historically speaking, and I would say the same applies to JML, unless that will change due to the present IGO link....
IF JML participates in this rights issue,it would indicate that IGO IS interested....
Want to bet that the accumulation is Chinese in origin, billmac?
and now my head hurts,yet again....
GZ
"The plot thickens."shouldnt that be "the plot sickens"? lol.I...
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