Thankyou so much, I kind of figured out it would be that , but this was my first rights option and the fact it was showing in my account as a loss has been worrying me all Morning, thankyou
I have just lost the money from shares I tried to oversubscribe for. I tried to buy 3000 extra shares and was only given 500. The money from the 2500shares I was denied I have now lost ? Kind of new to reading so any guidance would be really appreciated. Waiting for support from my broker.
Hi guys, I’m quite new to stocks and this is my first rights issue. It expires tommorow as I’m sure you know. My understanding is, I can oversubscribe as much as I can afford and will purchase that amount of shares at £0.75 and could sell at current market price of £1.25 give or take a few. Is this correct or am I completely wrong? Thankyou for any help!