I only hold 10K at $2   there for exercising my rights at $1.25 as I see it gives me a cost average of $1.63   Considering the market outlook and the fact that Ainsworth will be in great financial shape.  Also having purchased the Footner Mill in Alberta.   Which they say is paid for I don't see the share price doing anything climbing again   I don't see the dilution holding it up very long.  It doesn't take institutions long to absorb those shares.   This company traded in the $20's and thirties during the last super cycle.  It was then a smaller individual company .  Today it is basically under the umbrella of Brookfield along Norbord which also manufactures sheeting.  Also included in their Group is Western Forest Prod.   I suggest Brookfield sees great potential here as the new CEO came out of Brookfield.      I'll just exercise then investigate  what advantage there may be in the following.  Once the rights are turned to shares they will be marketable lke any others.

Pursuant to the Rights Offering, Ainsworth is distributing to the holders of its outstanding common shares (the "Common Shares") of record at the close of business (Toronto time) on November 22, 2012 (the "Record Date") one right ("Right") for each Common Share held on the Record Date. For each Right held, the holder thereof is entitled to purchase 1.388422 Common Shares (the "Basic Subscription Privilege") at a price of $1.25 per Common Share prior to 4:00 p.m. (Toronto time) on December 21, 2012 (the "Expiry Date"). Holders who exercise in full the Basic Subscription Privilege for their Rights are also entitled to subscribe for additional Common Shares, if available, pursuant to an additional subscription privilege."