RE: Why buy shares now?9 Oct 2018 14:29
Malmepal,
Pre rights price was up in the 40s, and Brent was $81.4 to $83.7
The rights issue increases the value of the company as they have bought an asset and increased reserves.
Theres also shorts who need to repay the original shares they borrowed + the 3 rights issue shares if they want to close.