RE: Advice ...6 Jan 2021 06:06
Hi Dan,
I agree. It all depends at what price you have the original holding.
For me. RR and TUi are held at historically lower prices, so an RI works for me.
In my very basic calculation TUI current share price (£4.90) should drop by about £2...ish.
So, whilst we'll lose on current holding, we gain on rights. A bit of swings and roundabouts!!
You could always sell the rights, when the market prices them.
When all said, this is the stock market, though, and anything can happen.
Generally my own view is that the market wants to be bullish, in the dreadful situation the economy finds itself in.
good luck.