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Online Share Trading

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Down down down

Reply
of
Frequent Contributor

‎27-10-2009 10:33 AM

Down down down

This share drops > 50% and I cannot find any news on the reasons for it? Rights issue why will this drop the share SO MUCH
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2 REPLIES 2
rsalie
Super Contributor

‎27-10-2009 11:29 AM

Re:Down down down

Cause it will trade closer to the rights issue price. Why pay over 100c for the share when the rights issue shares is set for 45c?
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of
Frequent Contributor

‎27-10-2009 12:42 PM

Re:Down down down

would existing shareholders not be compensated in the dillution process
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