OTCPK:NEPTF - Post by User
Comment by
matisse2003on Apr 19, 2011 10:06am
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Post# 18452362
RE: RE: General Corporate Purposes????
RE: RE: General Corporate Purposes????My understanding is that you will be allowed to purchase 15% of the number of Acasti shares which were distributed to you. Since, NTB had APO shares distributed to it NTB will be able to purchase 15% of the shares distributed to it and will take up most of the rights offering when it is available.
I am not sure what you mean by "flow through to Neptune shareholders". This is a capital raise for APO which is intended to recognize existing shareholders- unlike private placements which NTB only seems to offer to new or very large players.