when right issues to fix the problem?
$ManulifeReit USD (BTOU.SG)$ wonder when will they do a rights issues to get cash to tide through the downturn... SMM SIA so many all done it during covid, when is it your turn?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Moo Contributor
crawled out of poverty, working towards FIRE!! (financial independence, retired early)
15KFollowers
109Following
17KVisitors
Follow
snoopy123 : if they were to call for rights issue, will you subscribe?![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
doctorpot1 OP snoopy123 : yea I will oversubscribe hahaha![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
like SMM like that hahaha oversubscribe and get more. Want to DCA but not sure if they will do rights issue, so now stuck in between hahaha ![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
worried after DCA then they do rights issues, that will be bad ![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
SebTheTraderOuf : What is right issues ?
doctorpot1 OP SebTheTraderOuf : rights issue is a type of corporate action that allows existing shareholders to buy new shares at a discounted price, usually to raise capital for the company.
102884128 doctorpot1 OP : if you choose not to subscribe for what ever reason, your current share holding will be diluted.
doctorpot1 OP 102884128 : yes it will. that's why waiting for their rights issues. If not DCA already then they do rights issue die. but also worried if they do not do rights issues