Therefore, I expect when the offer lapses on Thursday for ANL at 12 and ANLR rights at 1 cents, come next Monday 17/02/03 when ANLN disappears and the ANL shares are no longer subject to the takeover price, the ANL shares will revert to the approximate price of the ANLN shares at about 6 cents.
Now that makes sense. I was beginning to wonder how I bought rights at 0.3 and paid 5 cents, and then getting 12 cents for ANL in the following week added up and now I know it does not.
