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Sri Lanka Equity Forum » Stock Market Talk » NDB RIGHT ISSUE

NDB RIGHT ISSUE

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1 NDB RIGHT ISSUE on Wed Sep 26, 2018 2:43 pm

Enkri


Stock Analytic
Stock Analytic
Hi Friends

Can someone explain this please regarding right issue NDB.
Current NDB market rate is 103 Question and right issue price is 105 . So is it worth to buy rights?

Why we buy rights at 105 as we can buy shares at 103 via market?

2 Re: NDB RIGHT ISSUE on Wed Sep 26, 2018 6:04 pm

ruwan326

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@Enkri wrote:Hi Friends

Can someone explain this please regarding right issue NDB.
Current NDB market rate is 103 Question and right issue price is 105 . So is it worth to buy rights?

Why we buy rights at 105 as we can buy shares at 103 via market?
Well, you already got the answer Wink
Due to the down fall of the market NDB.N stays below 105.

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