BLV 0.00% 1.6¢ blossomvale holdings ltd

why the big discount, page-2

  1. 790 Posts.
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    My guess for the huge discount would be to force shareholders to take up the rights otherwise lose a lot of money in dilution. If the rights were at 15c then probaly a lot of shareholders wouldn't take them up. The company's performance to date is not a great incentive to put more money in so they have gone for the "big stick" approach.
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