wukan wrote:Ericsson wrote:Share price hits a low of 1.25
Just a few years back kenya power did a rights issue at 19/=. Damn the value destruction with govt owned entities is on another scale.
Premium tears
I bought into the Rights

but later on had a Damascene moment.
Lost money but I bailed out. Reinvested elsewhere.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett