RE: Thoughts on Trading Rights - Buy or Sell18 Sep 2020 17:10
calamari - I was on the verge of selling the rights, but after reading through the information again, it became clear that the 88p being referenced here and elsewhere is a provision amt for funds - and when trying to work out if there is a benefit of selling the rights and buying immediately on the market, it isn't quite that simple. You have to take the risk of the FX charges and changes in exchanges into account. If you had sold the rights yesterday and waited until today to buy in, you would clearly have been better off.