Replies to post #10058 on China Unlimited

[RealDutch]

The rights offering is interesting.

There are 31M shares now. Another 36M will be issued to shareholders for $2.75.

Which means if we trade at $4+ then there won't be any sellers. Only buyers. (?) Because you can buy an additional 100% for $2.75.

Book value will be $7/share following the rights offering.

[RealDutch]

Perhaps you can provide a short list of your favorite picks.
No rush. First PGAS has to rally. But maybe afterwards.
You can exclude the toxic ones or the ones planning to go dark ;-)