There are too many articles on reits and their rights issues recently. May be after reading all these articles, some of us may become more confused over the issues. Actually, there is only one issue here with reits and their rights issues. How you initially react when you first hear the news of your reit announcing rights issue?
Did you say knn? Did you say sianz? Did you struggle to get money to participate? Did you sell the nil-paid rights because you have no more cash to participate?
Yes to any of the above questions; then reits may not be the right dividend play stocks for you. Look elsewhere. The market is never short of good yield stocks. Only you are short of patience and gut.
Sunday, 4 December 2011
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Hi bro8888,
ReplyDeleteYour 'reit' is spelled wrongly in some parts, including the title.
Thanks Brother.
ReplyDelete