RE: Rights isuue help2 Oct 2020 13:19
to buy the rights would be 6000/3*10*.32 = £6400. If you dont buy the rights you will be massively diluted.But you should also then get paid the nil paid rights market value - in theory (as at todays 105p) that would be 17p * 20,000 RI shares = £3,400, so that would be some comfort and reduce your average.
However dont count on getting the full Theoretical Nil Paid because its a market price you will get. PLUS you will still be diluted.
Alternatively sell some of your shares now and maybe some of your Nil paids on the open market to pay for some of your RI shares - and then dont get diluted so much - but then your in long term.
Alternatively (what I did) sell some of your shares to pay for your remaining RI shares. - again your in long term then.
Alternatively sell everything and take the loss - get drunk.