Quote Originally Posted by mouse View Post
Disgraceful behaviour by NWF.
I still don't quite understand why this is disgraceful? A right to buy is issued for every share you own, or in this case 3 rights for every 8 shares. If you support the company and want to buy more then you can buy the rights on the market?

This is how every company has completed their rights issues in the past 18 months, FPA, NPX, KIP, NZX, PGW, were these also disgraceful?