IMP imperial corporation limited
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The problem is current holders will be entitled today for the...

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    8,851 Posts.
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    09/05/06
    15:28
    Post #: 1549757
    The problem is current holders will be entitled today for the rights issue so you would be profiting from this uptrend which has caused the price to rise in the last week.

    However tomorrow if it is ex date then people will stop buying and the price will fall meaning your profit will reduce on the current SP and rights issue?
    IMP Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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