Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

Rights issue

Reply
Seq3509841
Contributor
Is it wise to sell this share once one qualifies for the rights issue, then buy again at R125 ?
0 Kudos
4 REPLIES 4
Not applicable
I won't, no. Why do you think it will go back to R125?
0 Kudos
Seq3509841
Contributor
Thats the rights issue price
0 Kudos
Not applicable
So they are issuing rights at a rate of 1 for every 10 held. Why would the shareprice then pull back more than 10%?
0 Kudos
Seq3509841
Contributor
Thats exactly what I want to know
0 Kudos