THE INVESTOR'S GUIDE TO WARRANTS:
Capitalize
on the Fastest Growing Sector of
the Stock Market, Second Edition
(Hardcover)
by Andrew McHattie Rating: ISBN-10: 027303751X
no time to read, try audiobooks
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Website -
Symbol - GEN.RT
Cusip Number - 36870T 11 5
Expiry Date - June 5, 2012
News Releases
GeneNews rights offering
2012-04-25 21:06 ET - Rights Offering
GeneNews Ltd. will grant shareholders of record on May 1, 2012, one right for each share held.
Basis of offering: Four rights entitles the holder to buy one share for 11 cents
Shares trade ex rights: April 27, 2012
Rights expire: 5 p.m. (Toronto time) on June 5, 2012
Trade dates:
Trades completed on June 1 and June 4, 2012, will settle on the next business day in cash
Trades completed on May 31, 2012, will be for special settlement on June 4, 2012
Rights trading symbol: GEN.RT
Rights Cusip No.: 36870T 11 5
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Rights give existing shareholders a chance to proportionately buy shares in the new issue the company is putting out to raise more funds. The certificate showing this privilege is called a right. It gives the stockholders the first opportunity, to buy the new securities.
Rights issue
An offer made by a company to its shareholders to enable them to buy new
shares in the company at a discount to the market price.
