geez, still not one single right sold. Rights trading ends next tuesday so you'd have to think if people didn't want to take up their rights then they would take whatever they could get before they are worth nothin'.....but that is not happening. Am I to assume that underlying this is a willingness for holders to participate ??? I would take that as a good sign. Maybe there are some who are intending to take up rights and then sell for a profit....but given you could currently sell your rights for 0.4c there is an implication holders are expecting that they will be able to sell a converted right for more that 4.9c (4.5c + 0.4c)......I'd say we have found a floor for the SP.
VAN Price at posting:
5.1¢ Sentiment: LT Buy Disclosure: Held