DVN 0.00% 23.5¢ devine limited

I'm a bit confused here:I'm eligible for the 3:4 at 20 cents BUT...

  1. 74 Posts.
    I'm a bit confused here:
    I'm eligible for the 3:4 at 20 cents BUT the current issue will result in a major dilution and currently sees shares at 25 cents.
    Leightons own a major part of the company.
    What are the chances of Leightons buying my shares?
    What are your thoughts?
    Take the rights..Yes or No?
    There is a housing shortage BUT....
 
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Currently unlisted public company.

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