any why not rights ? Their last rights which came at 140 was very lucrative. I think by the time allocations came stock was already close to 180-190 and retail got super allocation on top of their eligibility. My initial allocation to the stock was at around 50 with a view to participate in rights which had come at 40. So i would pray for yet another well priced rights. Mgmt. has been looking to raise their holding, a discounted price compared to market price helps them too to raise their holding.
Subscribe To Our Free Newsletter |