Alert!!! If you study the history of Sanichi, the share price will always crash after the last date of rights issue payment date, which is 11 May (Tues), those who try to time the stock should take extra precautious. After the rights issue exercise completed, Sanichi share price might drop below 8 sens. Please dont get trap.
Donate your money instead to charity organization and those who are needed during MCO.
Most likely rights issue with free warrants will be under-subscribed as shareholders have already incurred huge losses when their shares were consolidated and would not want to pour in more money into their lost investment.
NETX went through a similar exercise of share consolidation, rights issue with free warrant. Investors of sanichi can take a look at NETX share price performance for a better indication.
it is also involve in glove manufacturing and yet this is the cheapest counter at the moment. with ready cash in hand it has the potential to progress in due course.
Sanichi is going strong, and if ventilators approved, I think why should it go down? Those who subscribed to RI should profit a lot.... provided they don't all want to sell off at the same time on the listing day.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
newbie001122
1 posts
Posted by newbie001122 > 2021-05-03 20:13 | Report Abuse
Anyone here know how to fill up NPA and RSF Form if I wish to subscribe for Rights? What is the process and how do I pay for Rights? Thanks in advance