jkak
:
Reverse logic.. whay would i hold the shares value at 3 dollar if the company sell at 2.7. I should sell them all before the right issue and buy again at 2.7. hope it does make sense for u
jkak
Hit and Run
:
and when ppl rushing sell the share before the right issue and guess what happened , the stock will eventually goes to almost the same level or even below the right issue price!
jkak : it will and must go to 2.7 otherwise the fund raising will failed. till then sit tight and prepare for soft landing
Hit and Run jkak : ??.. if the price goes below the right issue price, does it make sense to take up the rights ??
jkak : Reverse logic.. whay would i hold the shares value at 3 dollar if the company sell at 2.7. I should sell them all before the right issue and buy again at 2.7. hope it does make sense for u
jkak Hit and Run : and when ppl rushing sell the share before the right issue and guess what happened , the stock will eventually goes to almost the same level or even below the right issue price!
divinepapa OP jkak : Spot om![+1 👍](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f44d-1f3fb.png)
divinepapa OP jkak : Common scenario
Hit and Run jkak : then what will happen to the fund raising ..
Hit and Run jkak : i think the plan is for Temasek to take up if retail investors are not keen.
divinepapa OP Hit and Run : Not even a close encounter of it at all. Unlikely it can happen anytime insight.
divinepapa OP 2828282828282828 : Market sentiment suggest deflated scenario in my 2 cents wprth of advice.
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