Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
Hey, down is down. 8-9% is enough for today
Here we go! Down is the only direction IMHO
Who is giving advice lol? In posting my thoughts on a BB! The drop down box allows you to form an opinion....which is, this will tank tomorrow. Good Luck. I look forward to speaking with you all tomorrow with the SP at least 25-40% down.
Who gave you the tradeable option? I think you are telling porkies lad.
If you chose to buy more Rolls Royce shares, your new shares will show in your account from 12 November.
And that sir is the correct thing to do. Never take advice (not that I am giving) its my own opinion, but the SP will drop tomorrow.
Defining a Rights Issue
A rights issue is an invitation to existing shareholders to purchase additional new shares in the company. This type of issue gives existing shareholders securities called rights. With the rights, the shareholder can purchase new shares at a discount to the market price on a stated future date. The company is giving shareholders a chance to increase their exposure to the stock at a discount price.
KEY TAKEAWAYS
A rights issue is one way for a cash-strapped company to raise capital often to pay down debt.
Shareholders can buy new shares at a discount for a certain period.
With a rights issue, because more shares are issued to the market, the stock price is diluted and will likely go down.
https://www.investopedia.com/investing/understanding-rights-issues/#:~:text=A%20rights%20issue%20is%20one,often%20to%20pay%20down%20debt.&text=With%20a%20rights%20issue%2C%20because,and%20will%20likely%20go%20down.
Are. You have said you are a trader. I doubt your motive here. Ok, lets go with this...the SP will probably drop by a decent amount tomorrow due to the rights being issued and investors/traders selling the free shares that they took up in the issue.
Hopin. The SP of any rights issue drops the day the shares are issued as the profit form the free shares are sold. Therefore the price drops. Come on! Wake up.
Put your money where your mouth is Arse. Come on how much do you want to bet this tanks tomorrow? Please tell me you have been through a rights issue before and know exactly what happens?
Tank, I dint get burnt at all buddy. I managed to not only by at the bottom but also make a profit and will buy again tomorrow. you are barking up the wrong tree with me pal. I have been investing for over 20 years. This is dropping tomorrow. Just watch and learn!
its a no brainer. Tomorrow these will be below 60p. I think personally they may touch 40p and bounce.
No advice buddy. Its XR with the shares issued tomorrow. If you have those shares at 32p and the sp opens at say £1...how many do you think are selling?
This will drop tomorrow. If you sell today you can buy at around 40% lower tomorrow.
They will sell. It is simple. The shares are free and therefore they will offload pushing the SP down to around 40p.
Trading starts at 2pm.
I would be very wary of the "Too Big To Fail" thought process. It rings some bells.
And cash burn of how much per month? What are expected profits?