CDD 4.55% 23.0¢ cardno limited

My question is that if I can take up my rights at 40 cents, if...

  1. 1,526 Posts.
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    My question is that if I can take up my rights at 40 cents, if it drops below 40 cents, I'm better of for-fitting my rights and saving myself the paper work and buying the shares on open market for less... which is what people should have done at the last CR cause the share price did fall under the CR price. I feel like its likely to happen again this time around.

    I don't understand why the cap rasing price is so low ?
 
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