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27,984 Posts.
3412
06/05/09
20:50
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thanks dan,
esp as its 1 for 1, with people dumping old script on the 8th.
usually we see the sell down to the rights price.
Based on your 2.06 av fair value,
correct then, that i suggest that the usual sell down to the rights is an over reaction?
Or is it that if i can sell my script for 1.56, and buy new script for 1.55. Until there is no point.
Short on open sound like a fair play?
cover around 1.60-1.70
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