Be the first to like this.

1 comment(s). Last comment by gohkimhock 2024-03-07 14:19

gohkimhock

3,129 posts

Posted by gohkimhock > 2024-03-07 14:19 | Report Abuse

normally, when a company do a rights issue, i will first view the financial statements. If the company itself is good, then the rights issue should be okay. But if the company is a loss-making one, or having cash flow problems, i will avoid it. The proceeds that got from the right issue will most likely dry up very fast..

Post a Comment
Market Buzz