is there a point?, page-11

Fandango , I am not sure if this will work as it depends on the share price of CCU and I will be nterested to here from the forum if my logic is correct.

To prevent Magna from not getting too many untaken up rights issue shares , you could you could sell $30k of your CCU shares ( possibly a little extra to cover the stock broker fee) then have the cash funds to pay for the rights issue take up . Timing of this and ideally the share price moving up would help as that would give you an increase in your overall holdings. However. If the share price remains at 13c it will cost you more ie the stock brokering fee.

I am not sure if Magna can buy the ordinary shares on market and if so does it have to be announced by CCU .

Guys I am not sure , I am just putting it outing out there for discussion , therefore this should no be taken as advice .