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.