Originally Posted by
pak
Hi there,
Can someone please clarify for me.
Under the heading "Actions to be taken by eligible shareholders" and under sub title "important" in the offer document. If you decide to do nothing with your Rights when the new shares are effectively on the market, It says your shares will reduce by factor 15.4 percent, assuming by overall share dilution. However if you do take up rights the percentage you own don't loose value. Also what happens if you take up half your rights on this matter?
If my interpretation is correct, it would seem logical to take up rights issue at current price - an even if it were a bit lower so as not to loose another 15%??? and also in support of the company you still believe in.
Can someone please clarify for me.
Im relatively new to this and only a small shareholder -here to learn.
cheers