RE: Rights Issue Trading27 Nov 2020 08:30
Given that we have to pay 2250p for the new Rights Issue shares and yet the market price for my entire holding may well fall to below 2500p by 10th Dec once all RI shares are eligible for trading, I cannot see any benefit to buying them. Kindly help me out. Also if I sell the free Rights Issue shares (worth bugger all), does that affect the value of my overall holding. Still confused despite SailorBeware's excellent thesis.