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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » PALM Hotel trading below Rights issue price

PALM Hotel trading below Rights issue price

2 posters

Message [Page 1 of 1]

1 PALM Hotel trading below Rights issue price Tue Apr 28, 2015 9:33 pm

Gainer

Associate Director - Equity Analytics

Posts : 3451
Equity Stars : 11141
Reputation : 264
Join date : 2011-03-13

PALM Hotel trading below Rights issue price.
Rights Issue Price 55.00 trading 50.00
PALM Hotel takeover price 210.00 by LOLC
http://www.cse.lk/cmt/uploadAnnounceFiles/7591274768074_529.pdf

2 Re: PALM Hotel trading below Rights issue price Wed Apr 29, 2015 2:22 am

Jana

Senior Vice President - Equity Analytics

Posts : 2640
Equity Stars : 10902
Reputation : 195
Join date : 2011-03-10

PALM some one cleared their credit thats why trading at 50/= today
compare with NAV its worth it but they start their function very soon
yes Right issue price @ 55/= now 50/= under 50/= not much Qty traded so it will go again to up trend

Message [Page 1 of 1]

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » PALM Hotel trading below Rights issue price

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