RE: 7th Oct. SP up or down? (Anyone with RI experience?)29 Sep 2020 18:30
Agree with you calamari, we'll know the outcome of the RI takeup on Thursday so will be known before 7th. People will make judgements after 1st. If they wat to sell they will sell existing pre-rights shares.
My opinion is that If the takeup is really low then the underwriters will have had to fork out a lot of euros. They are not going to dump a load of shares on the 7th, that will just cause a rapid price drop and an increase in their losses.