kenyainvestor wrote:StatMeister wrote:Magnetic Touch wrote:Wait until Naikuni brings the rights. You aint seen nothing yet.
Am doubting this possibility. A rights issue will
not raise any meaningful amount of money. ...
unless there is going to be massive dilution (ofcourse for those who will not take up their rights)
If they did 2 rights / 1 share, we'd see prices of 20 bob, and they'd raise not more than 15b, assuming 100% take-up.
If they did 1 for 1 at 30, they would raise the same amount of money (or not much different anyways).
A bad day fishing is better than a good day at work