@akash_das – Would like to know your (or others also tracking this company) views on any specific reason for sudden spurt in Swiss military consumer share? It is up almost 60% in 2-3 days…Is it some sort of readjustment happening because of rights issue or was it subdued for few days because of rights issue?
In short, I am not able to understand its price action since sometime now…It moved up close to rights issue, then fell down as though an adjustment to the low priced rights issue, and now seems on steroids for not sure what?
Intention is to learn from this price action near a low priced rights issue so that in future can take better decisions around such rights issues…
Also, lastly, what must be reason for the company to go for such low priced rights issue when it could have got any investor as CMP for a well renowned swiss brand exclusive franchisee in India? Thanks!
Disc: Not invested yet, Tracking. Interested and like the brand, not sure about the Indian Franchisee company yet.
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