
Suppose this wide counter goes for both or one. For one I suppose they may give a bonus and do away with dividend for the FY2011 as they still have shares on hold.
For them to go for Rights may not be that right as they did not have an oversubscription during IPO. Those with Oversubscription tend to be well place to Issue Rights while those with Undersubscription can do well to attrack investors do with Bunuses and sweet dividends.

Which way for CO-OP?