RE:The RightsI suddendly wonder if only the existing 739 millions shares will be eligible for the right offering at 20 for 1.
Because if the 20 billions new shares to Thomvest and Convenance are also eligible, they could wipe also the rights, bringing the 20 to 1 ratio to 1/4 to 1. This would mean that one share could be bought at 1,521 cents for every 4 shares you own.
It makes no senses, but I read the 15 april news release and I am not so sure anymore that the 75 millions$ right offering for existing shareholders is only for the 739 millions actual shares.
Just wondering???