Author Topic: Rights issue  (Read 8989 times)

yossarian

  • Jr. Member
  • **
  • Posts: 55
  • Karma: +2/-0
    • View Profile
Rights issue
« on: December 02, 2013, 10:46:04 pm »
ABL has a rights issue on the go.  Holders of ABL should receive 0.85n x ABLN shares as of (about) 28/11/2013. 

Then next week (can't remember the exact date) you can change ABLN to ABL and subtract 0.85n x 8.00 from each person's cash.

The above based on someone holding and exercising their NPLs (rational behaviour).

n == ABL holdings at the rights issue date.

CompTester

  • I've just arrived
  • *
  • Posts: 12
  • Karma: +0/-0
    • View Profile
Re: Rights issue
« Reply #1 on: December 03, 2013, 07:46:29 am »
Working on it, except I keep screwing up the test  :wtf: case so it'll be a little while longer...

This is Patrick BTW  :)

Shi

  • Jr. Member
  • **
  • Posts: 82
  • Karma: +4/-0
    • View Profile
Re: Rights issue
« Reply #2 on: April 23, 2014, 11:57:45 am »
Hi Patrick,
What was decided wrt Rights Issues for this year? AQP has one going on at the moment.
Regards