Stock reaction when it is closure to a rights issue

Mahawawtta · 1 Stock reaction when it is closure to a rights issue Tue Nov 25, 2014 2:53 pm

Mahawawtta

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Dear Friends,

Advice me what will happen to the stock price when it is close to announce a rights issue and price after the right issue. Bcs i can see OGL has a right issue in the near future. anywiath i bought few of it @15.60 today

OzTRADER

OzTRADER

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Mahawawtta wrote:Dear Friends,

Advice me what will happen to the stock price when it is close to announce a rights issue and price after the right issue. Bcs i can see OGL has a right issue in the near future. anywiath i bought few of it @15.60 today

dont touch OGL..N its is Adam investment group.....look at the past history of adam investment.......not good, they take people for a long long long ride....you might lose your money, so many other good counters in the market, try

RPPA

RPPA

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Mahawawtta wrote:Dear Friends,

Advice me what will happen to the stock price when it is close to announce a rights issue and price after the right issue. Bcs i can see OGL has a right issue in the near future. anywiath i bought few of it @15.60 today

There are some issues with regard to control. As Dr. has a major stake in it. I had a news that ADAM is trying to get it @ 15/-. But those are all news & nothing confirmed.