Forum Archive Index - January 2002
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[sharechat] CSG
'REL: 1031 HRS CSG: 1:1 RIGHTS ISSUE AT 5CPS ANNOUNCED
CommSoft Group announced today it is offering
shareholders one new share at 5 cents for every share held. '
'REL: 1427 HRS Commsoft Group Limited ENT: CSG: COMMSOFT
OFFERS 1:1 RIGHTS ISSUE Further to this morning's announcement,
CommSoft Group wishes to confirm thatthe rights issue offers
one new share at A5 cents for every share held. '
Well I sure wouldn't have bought some CSG at 12.40 HRS
for NZ 5.6 c had Commsoft got it right the first time.
'We believe the issue offers all shareholders the
opportunity to invest in the company at attractive price levels.'
Really? Well they don't need a rights issue to do
that, they need a broker !
Regards,
Derek
(a bit miffed)
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