Anybody else apply for additional securities with the INER rights issue?
Mine was scaled back to approx 12% additional (over INER holdings). Quite a harsh scaleback.. I guess this is in the best interest of all shareholders, but still disappointing from my perspective :).. Most entitlement offers recently have allowed me to apply for 3x additional (300%).
Interested to hear if everybody was scaled back to this degree?
I should note that 80% of my INER securities were bought on market (only 20% were from original holding), so not sure if that is a factor..
- Clint..
INE Price at posting:
46.0¢ Sentiment: ST Buy Disclosure: Held
