Why would anyone accept the rights issue offer and spend money if there's a possibily of it being diluted 30:1
I for one will not accept this offer as the closing date for the offer is 27/11 and the meeting to vote on the 30:1 dilution resolution is on 28/11
Only after knowing the outcome of the resolution will anyone be able to make an informed decision. Accepting this offer before then is basically just throwing hard earned cash down the drain.
RBY Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held
