Poor Shareholders, page-2

  1. 175 Posts.
    Yep read it - it is wrong - if VRC does a rights issue at 1/4 of the VRC share price it does not mean that they get VRL shares at 1/4 of the price. They have to buy the VRLs like anyone else would at the normal price with the money raised from the VRC rights issue.

    There is so much misinformation around, sometimes it annoys me, but I suppose it creates mispricing of shares which enables people to make abnormal profits, so it can also be a good thing!!

    Ed
 
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