facebookFor the SIA rights issue, is it correct to say that investors can get some cash back if they decided to sell away their rights issue (C6L)? - Seedly

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Anonymous

16 Apr 2020

βˆ™

Stocks

For the SIA rights issue, is it correct to say that investors can get some cash back if they decided to sell away their rights issue (C6L)?

Will you get some cash back? How to get some cash back?

Discussion (1)

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Soju

16 Apr 2020

Lead CM at Metafrontier

The cash you get back from selling the rights issue, will be matched by a corresponding fall in share price after all the rights are exercised.

There is no way to recover your losses now, unless SIA grows to the size where the larger number of shares is back at your purchase price. (Hint, its not gonna be easy)

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