WAN 0.00% $5.00 west australian newspapers holdings limited

is this good for wan shareholders?, page-4

  1. 496 Posts.
    agreed.

    they are offering 4 CULS for every 7 shares held by WAN holders at $5.20 each. But they are offering similar thing to the public at same price. I don't understand the value?

    Can anyone shed some light on this?
 
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