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Tuesday, 9 November 2010

Right issue back again (3)

Read? Right issue back again (2)

Selling Rights?

Once you don't have the money to subscribe to the rights issue, you have become a sucker; but by selling away the rights, you just become a sucker slowly as your interests are diluted anyway.

3 comments:

  1. Hi Uncle8888,

    It's very true our share interests are diluted when we have no money to subscribe or for renounceable rights we sell away our rights, because we think it's not worth to subscribe.
    At this time we are really the suckers.

    For me, Nol is an example.
    But market turns around so quickly, that I am making paper profit on this stock that I wish I have subscribed for my rights. Then I would have made more.

    So not all rights issue make me a sucker.
    On the contrary, I am a sucker because I sell away some of them which are good for the future of the companies.

    The problem is it is not easy to judge which right issue is good or bad for the future of the company.
    Lawrence

    ReplyDelete
  2. Hi CW,

    I made $XX,XXX on AIMS AMP Capital Industrial REIT's recent rights issue. Does that make me a sucker? ;p

    ReplyDelete
  3. No money to subscribe to rights is a sucker.

    If subscribed, not all right issues are bad. That is true.

    http://createwealth8888.blogspot.com/2010/01/rights-issue-sucks-really.html

    ReplyDelete

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