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 - OAE.RT
Cusip Number - 683930 11 9
Expiry Date - March 18 1988
News Releases
1988-02-17 18:16 ET - Rights Offering
The company has announced it will offer to shareholders of record on February 26 1988 rights to purchase shares of the company.
Basis of Offering: Ten rights exercisable for seven shares at $3.78 ($0.54 per share)
Record date: February 26 1988
Shares trade x-rt: February 22 1988
Rt called for trade: February 22 1988
Rt trade for cash: March 11 1988
Rt expire: March 18 1988
Rt trading symbol: OAE.RT
Rt security No: 834294
Rt Cusip No: 683930 11 9
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Canadian Exchanges News
Canadian Securities Exchange News
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.
