I understand these are the "new" 1.28 rights shares that are soon to be amalgamated with Cattles Ordinary [CTT] shares after the dividend is paid.

Unfortunately you paid 1.28 and they have bounced about - between 1.59 (it seems!) and abt. 90p
Obviously at such prices new punters are getting a bargain, although old CTT-holders will witness some dilution. At least the Rights was reasonably successful - but I still wonder the wisdom of making Cattles a Bank - for it will be at the bottom-end of any Bank-radar.....I guess.

A few years ago it looked a smart move - but money was cheap for the last 10-years - then was the time....not now.

DYOR - this market is nasty.