As rights expire today, I wonderI wonder how many share rights were exercised and therefore what the number of outstanding shares will be.tomorrow.
With that dilution, I wonder what a reasonable new target price will be for the company.
I wonder if the share price will begin rising today or tomorrow, towards the new diluted price.
The market has tumbled overall since the rights offering was announced so I really wonder what a reasonable price level is, all things considered.
In the end, the new market price for the diluted shares will be what it will be.
cleareye.