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4.00% 13.0¢ devine limited

I'm a bit confused here:I'm eligible for the 3:4 at 20 cents BUT...

  1. waggamick
    71 Posts.
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    10/03/10
    16:47
    Post #: 6431269
    I'm a bit confused here:
    I'm eligible for the 3:4 at 20 cents BUT the current issue will result in a major dilution and currently sees shares at 25 cents.
    Leightons own a major part of the company.
    What are the chances of Leightons buying my shares?
    What are your thoughts?
    Take the rights..Yes or No?
    There is a housing shortage BUT....
    DVN Price at posting: 25.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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