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Online Share Trading

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Woolworths Proposed Rights Issue

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moneybunny
Contributor
Hi, Good day, I am a Newbie at share trading and am unsure whether to buy or stay out of Woolworth's shares while this rights issue is going through. Firstly can I still buy WHL shares and benefit from the rights issue? Secondly what is the Woolworth's likely to offer these new share at and am I correct in saying that the share price after the new issue is likely to drop by the proportion of new shares issued. I.E. if they release a further 20% then the overall WHL share price will drop by +-20% to absorb these new shares? Finally if I own WHL shares going into the rights issue and I do not take up their offer will my shares automatically be diluted to the new share price? Thank you for your help, much appreciated. best regards
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