AND 4.55% $1.04 ansarada group limited

capital raising, page-2

  1. 5,342 Posts.
    colinc, per asx announcment 9/9/05. Entitlements 2 for 13 held at .155cps.
    You get the option to purchase up to 2 for every 13 held at .155cps. (ie: divide holdings by 13 then x 2...will give you the entitlement...although you don't have to take all). The record date has yet to be seen as no investors have seen the docs etc as yet, hence unknown.

    You asked: "what this will mean to share price"......much depends on the market atm and who are the large buyers/sellers. Remember the stock has travelled quite some distance (price) now.
    There is a good report from
    Andean:Southern Cross Equities Report

    at the Andean web site. Worth a good read.

    Good trades
 
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