$2.60 market price is less than the $2.70 rights exercise price
is it because of POG; or is it because of bad tropicana deal?
$450m to be raised by issue of 166.6m rights shares at $2.70 per share
the rights are underwritten by Merrill Lynch
perfect stage for underwriters to take all
instos have their fill
short the share next week?
$2.60 market price is less than the $2.70 rights exercise price...
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Mkt cap ! $1.352B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2607 | $1.97 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 39 | 1 |
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