Forum Archive Index - November 2000

Please note usage of the Forum is subject to the Terms & Conditions.

Messages by Date [	Next by Date	Previous by Date ]
Messages by Thread [	Next by Thread	Previous by Thread ]
Post to the Forum [	New message	Reply to this message ]

Printable version

Re: [sharechat] FFS Rights

From:	Derek <dkw@paradise.net.nz>
Date:	Wed, 08 Nov 2000 17:08:25 +1300

Hi Peter,

In theory the share price should drop from 35 c to 28 or 29c and the rights
would trade at 3 to 4 cents (28c + 2 * 3.5 = 35c).  Therefore in theory it
is not possible to make money this way.  However as the Air NZ rights issue
illustrates the Market is useless at maths and therefore this may indeed be
a good way to earn a quick buck (At least the risk appears minimal).

Derek





----------------------------------------------------------------------------
http://www.sharechat.co.nz/          New Zealand's home for market investors
http://www.netbroker.co.nz/        Trade on Credit, Low Brokerage. Join now.
----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/forum.shtml.

Replies

Re: [sharechat] FFS Rights Peter Riches

Messages by Date [	Next by Date:	[sharechat] ITC discussion/WPL Bill
	Previous by Date:	[sharechat] FFS Rights Peter Riches ]
Messages by Thread [	Next by Thread:	Re: [sharechat] FFS Rights Peter Riches
	Previous by Thread:	[sharechat] FFS Rights Peter Riches ]
Post to the Forum [	New message	Reply to this message ]