OGX 0.00% 0.3¢ orinoco gold limited

Salt - you state it has been rumoured a rights issue will take...

  1. 20,672 Posts.
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    Salt - you state it has been rumoured a rights issue will take place 

    Research rights issue and cash strapped companies imo 

    Rights issues are usually at good discounts to market price to have any value for the massive dilution they create  

    Rights issues - will the rights be transferable  ???

    Will the rights issue be underwritten if not taken up by exisiting holders 

    What percentage of holders will take up these rights under current circumstances  - risks 

    How common are rights Rights issues when share price is at .004c and with the current balance sheet in place ????  

    The Last CR at .005c came with free .001c options 

    DYOR


 
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