You cant get shares at 40c unless you already own them, so if the shares are worth more than 40c (which they clearly are since the administration risk has pulled the price down significantly, and this risk is now gone) then you would buy them now and then buy more with your rights at 40c (or sell the rights since they are renounceable)
Ed
You cant get shares at 40c unless you already own them, so if...
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