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 - GMM.RT
Cusip Number - 38153C 12 4
Expiry Date - August 19 1991
News Releases
1991-07-10 18:00 ET - Rights Offering
Basis: 4 rights exercisable for 1 share at $0.15
Record date: July 19 1991
Shares trade ex-rights: July 15 1991
Rts called to trade: July 15 1991
Rts trade for cash: August 12 1991
Rts expire: August 19 1991
Rts trading symbol: GMM.RT
Rts security No: 834234
Rts Cusip No: 38153C 12 4
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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.
