Question
Australia Foods Limited plans to raise $12,000,000 via a 1 for 6 rights issue with a subscription price of $2.2. The company's shares are current
Australia Foods Limited plans to raise $12,000,000 via a 1 for 6 rights issue with a subscription price of $2.2. The company's shares are current trading at $8.1 per share. What is Australia Foods theoretical ex-rights share price?
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Financial Management for Public Health and Not for Profit Organizations
Authors: Steven A. Finkler, Thad Calabrese
4th edition
133060411, 132805669, 9780133060416, 978-0132805667
