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Ainsworth Lumber Co Ltd ANSBF

Forest Products Lumber & Wood Production


GREY:ANSBF - Post by User

Ainsworth Lumber Co Ltd > RIGHTS
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Comment by xenes25on Nov 15, 2012 2:21pm
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Post# 20605890

RE: RE: RE: RIGHTS

RE: RE: RE: RIGHTS

Because the rights offering is fully backstopped by Brookfield, the existing float of shares will more than double.  This dilution means on ex-rights day, the sp has to adjust down.  See earlier postings for calculations which speculate on what that price will be...But I wouldn't worry about the price ex-rights...I think it's straight  up from there.  JMHO

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