Mar 22 2009, 02:05 AM
Khazanah, EPF and other big fund ppl are taking up the rights issue till fully subscribe.. since all the big shark are in for the rights issue...will the share price going up further after the rights issue complete? Or it will go down ?
QUOTE(cherroy @ Mar 21 2009, 03:25 PM)
Yes, they will try as much they could.
The higher the price, the higher the right issue price can be set, eventually more money can be raised.
What if stock price is low and right issue is same price with the market price, then who is going to subscribe those right issue then?
Having said that, there is certain limitation they can push up, because no individual party or parties can fight the market force.
The higher the price, the higher the right issue price can be set, eventually more money can be raised.
What if stock price is low and right issue is same price with the market price, then who is going to subscribe those right issue then?
Having said that, there is certain limitation they can push up, because no individual party or parties can fight the market force.
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