"sell your rights,and you've got a $1 share for $.81."
I think if you buy at $1 you will be getting an .81 company even with the rights issue
ABN Amro had a price target of .75 on the stock if it was successful with this trial
Now let's say you bought 10,000 at the target price
you'd have $7500 worth of shares
Plus the rights to buy 4000 shares @.53
If you bought them you would pay $2,120
the profit based on the target price of .75 would give you $880
14,000 shares at .75 = $10,500
add on the $880 profit
and you would have $11380
with 14,000 shares that would give you a grand total of
.......... 81 cents
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