when right issues to fix the problem?
$ManulifeReit USD(BTOU.SG$ wonder when will they do a rights issues to get cash to tide through the downturn... SMM SIA so many all done it during covid, when is it your turn?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Moo Contributor
crawled out of poverty, working towards FIRE!! (financial independence, retired early)
14KFollowers
104Following
16KVisitors
Follow
snoopy123 : if they were to call for rights issue, will you subscribe?
doctorpot1OP snoopy123: yea I will oversubscribe hahaha
like SMM like that hahaha oversubscribe and get more. Want to DCA but not sure if they will do rights issue, so now stuck in between hahaha 
worried after DCA then they do rights issues, that will be bad 
SebTheTraderOuf : What is right issues ?
doctorpot1OP SebTheTraderOuf: rights issue is a type of corporate action that allows existing shareholders to buy new shares at a discounted price, usually to raise capital for the company.
102884128 doctorpot1OP: if you choose not to subscribe for what ever reason, your current share holding will be diluted.
doctorpot1OP 102884128: yes it will. that's why waiting for their rights issues. If not DCA already then they do rights issue die. but also worried if they do not do rights issues