Why buy the Rights?6 Jun 2018 20:33
First time in my life I am questioning whether it is wiser not to buy in the Rights. TLOU cannot make the power itself so is dependent on either the Govt or others and this rights cash will be used within ?9? months and if no partner by then, will need another Rights. So I ask myself how sure can I be that all this will happen for TLOU before this cash runs out?
All holders should ask this. No-one can be sure but the uncertainty will overhang the market, depressing the SP more and more as the time goes by. This is a strong argument for either selling or holding what I have and passing on the Rights. If it comes good I shall make money anyway. If not, at least I wont flush more away.
Please argue with me. I would like to be wrong!