iCar Asia offer closing soon

iCar Asia's entitlement offer is closing soon. With the share price having increased over the past two weeks, it's a sensible way to increase your holding without paying brokerage.

Here’s a quick reminder. iCar Asia’s 1 for 44 entitlement closes this Thursday 30 July. If you’ve put your paperwork aside – as advised in iCar Asia’s entitlement offer from 14 Jul 15 (Speculative Buy – $0.67) – you need to decide what to do.

The share price has risen 7% since then and is now comfortably above the $0.65 issue price. So it makes more sense to accept the entitlement now. It was a much more marginal prospect at the time of the last update.

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