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Online Share Trading

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Rights Offer

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Not applicable
The rights(NPL's) on this share seem to be trading quite a bit lower than they should be at. Subscription price 224c. Current Share price 230c. But NPL price is 3c. Shouldn't it be at around 6c?(230-224)
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11 REPLIES 11
Not applicable
Why should I pay full 6c value for the right to buy more shares at 6c discount? They should trade at a discount, unless, of course the share price moves. But that should tell you everything you need to know about the value of this stock
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Not applicable
The brokerage fees will be lower buying a certain volume of a 6c rights and then paying the subscription fees than buying the same volume of a 230c share, but i understand where you are coming from. Still the rights are trading at 50% of what it should be, I would say 4-5c would be reasonable
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SimonPB
Valued Contributor
should liek trade at 5c, but problem si simple .. nobody wants them so they trade lower ..
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THRESHOLD
Super Contributor
You make me feel better about my typo's. You have a "who gives a damn" approach. I think I'll take a leaf out of this booook.
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SimonPB
Valued Contributor
excatly .. an the rule is thta peploe can raed what you saynig even if mistpyed ..
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THRESHOLD
Super Contributor
FAF. oindfbasdjo lmoi, know what I mean?
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J12
Frequent Contributor
Fo crouse i no whta u men. bhwahahahaha...lts typ lk dis frm nw. den it dnt mtr wther u red ryt or ried rong.
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Not applicable
So i haev soem riets as wlel, shuold i slel at 3c or hlod uot?
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SimonPB
Valued Contributor
threah, this is all your fault ..
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THRESHOLD
Super Contributor
I know. I am regretting it already; if that's any consolation.
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Not applicable
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