RE: Pre or post consolidation buy?19 Feb 2023 18:46
It all depends if you are going to sell your holding and your rights or wanting to hold your stock and hope for a rise in the sp. Well if you can't afford to buy the rights then you could sell the rights and buy more shares with what you make. You won't be able to buy enough to keep your average but at least you won't be as diluted and then hope the sp rises. The rights issue is depressing thes sp but my biggest concern is the 1:10 condsolidation. After , the sp will be so high ( around £17.50 at today's price ) that it will not be as attractive to buy and will be more susceptible to big sp drops which in itself will suppress the sp.