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Re: [sharechat] SPE

From:	"David Lau" <Akunamatata@xtra.co.nz>
Date:	Tue, 15 Feb 2000 19:27:37 +0000

Hi Steve,


Can you please explain Rights issue and options and what are the 
benefit in taking up SPE for that?


Cheers.



> From:          "Steve" 
<sljames@voyager.co.nz>
> To:            <sharechat@sharechat.co.nz>
> Subject:       [sharechat] SPE
> Date:          Tue, 15 Feb 2000 16:08:29 +1300
> Reply-to:      sharechat@sharechat.co.nz

> Les
> Rights issue ratio 7 for 3 to raise $10.5m if rights are taken up at issue
> price for new shares at 5cps.  A bonus option at 1 for 6 ,exercisable at 20c
> on or before 30/11/01 ,and 1 free option for every  6 new shares taken up.
> Steve
> 
> 
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References

[sharechat] SPE Steve

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