To put it in it's simplest form:
Any shares sold before the EX date will give up rights on those shares.
I see no logic (except a hopeful gamble) on selling shares now to fund rights. Why not receive the extra rights but holding on the EX date and then fund the take up of those rights as late as possible thereby giving the company time to deliver further price driving news.
To put it in it's simplest form:Any shares sold before the EX...
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