There are various ways of doing the priority entitlement but the most common seems to be a flat parcel of say 10,000 shares in the new company to holders. Sometimes there is a minimum amount in the parent company you must hold to qualify, other times no minimum.
The best way is what ARU did, an in-specie distribution where you get free shares. All ARU holders made a bundle on this. KOR is going to do a mixture of this in-specie distribution for some of the shares plus a priority entitlement. TAS hasn't told us what they are proposing to do. To be safe I like to have 5,000 shares but others have just a few, like 100-1,000 shares.
WAS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
