Has anyone been involved in a rights issue?
From what i can tell the sp normally opens ~15-20% lower the day after the ex-date.
Did you try and sell out on ex-entitlement date or the next day?
What was your experience?
Anyone try and cut it really fine, only to find that they didn't get their oppies?
BYR have one coming up soon. They are also likely to make an announcement about completing due diligence on acquisition of some exciting uranium assets close after announcement of details of rights issue. I am just wondering if it would be a lot easier and safer to hold the shares until after the uranium announcement and ride the slide in between.
Any thoughts?
From what i can tell the sp normally opens ~15-20% lower the day after the ex-date.
Did you try and sell out on ex-entitlement date or the next day?
What was your experience?
Anyone try and cut it really fine, only to find that they didn't get their oppies?
BYR have one coming up soon. They are also likely to make an announcement about completing due diligence on acquisition of some exciting uranium assets close after announcement of details of rights issue. I am just wondering if it would be a lot easier and safer to hold the shares until after the uranium announcement and ride the slide in between.
Any thoughts?
