ok, lets say the SP was $1.50 The fully renounceable entitlement...

  1. 2,322 Posts.
    lightbulb Created with Sketch.  14
    ok, lets say the SP was $1.50
    The fully renounceable entitlement offer was $1.40
    The SP goes down to $1.30 and stayed there for a while...
    What are the rights worth now - and who will buy it? What negative connotation would this have to the company?
    Are there usually any underwriters?
    How will the company get their money?
 
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