AVX 0.00% 2.5¢ avexa limited

hisorry,could someone kindly explain what is this rights issue...

  1. 364 Posts.
    hi
    sorry,could someone kindly explain what is this rights issue thing?
    is it good or bad, who benefits, who doesn't, what's the impact, how long does it last ?
    I'm really sorry if it's boring when newbies ask these questions.

    btw, I am holding AVX since around 3 weeks ago. got in at 7.8 and really hopeful about ATC, sounds like a real winner considering the developer of the drug.

    cheers and good luck

 
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