Would rather get slacf at $0.12 with liability of $0.05 than take up new contribs at $0.10 with future liability of $0.20. But by same token would rather buy SLA at $0.17 than SLACF at $0.12 and therefore sla shares at $0.17 - $0.18 are more attractive and less risky than new entitlement. Also more liquid than SLACF. And so, who will take up the new issue?
von.
slacf too too juicy at 12c, page-3
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