Water_Fish, are you holding 100,000 units? or 10,000 units? What is your buying price? You need to wait for further details of how many OR entitle and the price. But now still early, this proposal need to be approved by shareholders in EGM.
yes, if aprroved, those who still holding can get OR. Who subscribe buy new right issue share will get free warrant. anyway got to wait de egm approved.
rough calculation about 800M shares if 30 cent therefore a 1:2 rights.3-4 cents eps on new shr issued of approx 2.4B.Have to wait for the circular and proforma....anyone wants to hazard a valuation???
Looking back i think maybe Daya moved up from 28sen to 34sen not because of Reach Energy but rather because insiders push up Daya to price the rights issue at a higher price. Or maybe both?
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黄睦焜
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Posted by 黄睦焜 > 2014-08-22 20:25 | Report Abuse
when should we know the right issue is how ? Monday this counter will open to trade ?