PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 965,398,515 NEW ORDINARY SHARES IN CLASSITA ("CLASSITA SHARES" OR "SHARES") ("RIGHTS SHARES") ON THE BASIS OF 5 RIGHTS SHARES FOR EVERY 2 EXISTING SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED, TOGETHER WITH UP TO 579,239,109 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 3 WARRANTS FOR EVERY 5 RIGHTS SHARES SUBSCRIBED FOR ("PROPOSED RIGHTS ISSUE")
Whoever chased today will be invited to join in their rights issues soon...shall annouce Ex date very soon
Wait for 5 Jul 2023 for announcement of rights subscription information. Most likely will be under subscribed and supported by proxies/penny stocks via excess application
Be careful of operators and influencers creating volumes from right to left hands to attract punters and new players into the game
The 880,529,260 rights shares will be listed on 14 Jul 2023
From now until 14 Jul 2023, the NOSH is only 350 million shares and easier to use right and left hands to create excitement
When the new shares are listed, it could be a different story, more of depending on company performance.
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CharlesT
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Posted by CharlesT > 2023-04-06 09:26 | Report Abuse
Not bad Victor, more than 100% rebouind
Dont chase high as Victor wanna u to take part in the coming rights issues soon