dear friends,
thanks for the informative info..
i would like to ask a bit about right issue.. after i read through the 1st page.. i noticed this..
Choices available to you as a shareholder
As stated above, these are the options available:
1) Buy the new shares (rights issue) - Take up your "rights" to buy the new shares
2) Do not take up the offer (also known as allow the rights to lapse)
3) Sell your rights to other investors
Let's say company A giving rights issue, i don't have to buy it but sell it directly??
Another thing is if i allow the rights to lapse, means that i would loss money due to dilution of mother share??
If i am using online trading, how am i gonna buy the right issue??
hope to hear from u guys soon.. TQ!
Let's say company A giving rights issue, i don't have to buy it but sell it directly??
Another thing is if i allow the rights to lapse, means that i would loss money due to dilution of mother share??