Hi,
I'm new here. Unfortunately I bought into this dog recently. Not happy that they have a "Bonanza" only days before devaluing share holders by approx 50%!!
Anyway, can someone explain the option to "sell rights on the ASX?" How does this work?
Does it mean that share holders sell their allotment and then receive payment for anything over 20 cents?
Not sure why, but I feel this whole thing needs to be well thought out to avoid being totally fleeced....
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- Ann: Entitlements Issue Prospectus
Ann: Entitlements Issue Prospectus , page-9
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