Hello,
I am hearing this word "Rights issue " in the news or someforums etc .
I got the meaning for it as The issue in which allotment is only made to existing shre holders .
What will be the effect of Rights issue On a stocks current price .For example Bata board approves for right issue but the details will be declared later .
Now what will be the effect on Bata stock price with this rights issue ?
Regards
Naresh Cherukuri
I am hearing this word "Rights issue " in the news or someforums etc .
I got the meaning for it as The issue in which allotment is only made to existing shre holders .
What will be the effect of Rights issue On a stocks current price .For example Bata board approves for right issue but the details will be declared later .
Now what will be the effect on Bata stock price with this rights issue ?
Regards
Naresh Cherukuri