Bleh, the rights issue resolution needs to be passed at the EGM in March for it to be a valid exercise. After which, entitled shareholders can either subscribe for the rights shares or sell their entitlements in the open mkt.
Alcoa, Freeport-Mcmoran, Arcelormittal, BHP on the rise during early trading session. Commodities on the rise due to inflation concerns and expected economic recovery.
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kenie
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Posted by kenie > 2021-03-01 15:05 | Report Abuse
Masteel total shares issued 452mil .
Issue right shares 226 mil ,issue right share 50%