$Raffles Edu (NR7.SG)$ To put in the simplest term, the righ...

$Raffles Edu (NR7.SG)$ To put in the simplest term, the rights issue is equivalent to SGD0.055 of the share price. Currently, you can just purchase off the counter at this price, nothing spectacular to look forward to & existing shareholders is wo advantage to new investors . However, if you think the price of SGD0.055 is rock bottom, the company is poised to be profitable in the years to come, participate. If not, just buy the shares off the mkt now. Not doing anything will dilute your holdings. Or you can queue at SGD0.05 or even lower if some disappointed shareholders are leaving in the days ahead.