Ericsson wrote:@muandiwambeu
Share with us the info you have
A rights issue is a legalized means for managers to shaft existing shareholders. Any attempt to analyze this counter leaves one with a biter taste. The only question that begs an answer is how competitive is Kengen in rewarding capital invested. Ie ROI. my attempt on it has yielded a range of 6:1 all the way 2:1 at 3/= all the way to 5.5/=. At 6:1 post rights price of 3/= WIll be more than five star. Kengen is good at breaking records. And the paining wait continues.
,Behold, a sower went forth to sow;....