Share Dilution, and Rights issues.19 Aug 2022 09:52
I've been here before with other company's. If Share Dilution is on the cards or there is a hint of it, then stop averaging down your losses and wait until the rights issue . I've made a lot of money from Rights issues, sadly not enough to cover my Cine losses but enough that I'm not typing this from the top floor of a multistory car on park. Your Rights issue will depend on your holdings, but Cine can set the date of eligible holdings back a fair way, so buying now might not give you an option for Rights issues.