facebookGurus - Ascendas Reit is doing rights issue. If I hold 11,000 shares at average cost of $3.1354 per share, is it worth subscribing 11K shares to average down? - Seedly

Anonymous

10 Nov 2020

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REITs

Gurus - Ascendas Reit is doing rights issue. If I hold 11,000 shares at average cost of $3.1354 per share, is it worth subscribing 11K shares to average down?

If I read the info correctly, it is going to be 1 for 1 at $3.01.

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I will subscribe according to my budget. No need to be too concern about avg cost if you are a dividend investor. Not gonna sell soon.

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