current shares that get purchased is rather similar to paying a premium for an option that enables you to buy more shares at a much cheaper price. So if you buy shares now but with no intended to take up the rights then you are in the situation of buying the option but not exercising them so you will basically lose everything that you paid for the premium.
New Feature Announcement!
We’re excited to introduce the DealRoom portal, now live on site, providing users with exciting access to private equity opportunities for both pre-IPO and publicly listed companies.
See full details by selecting the new menu item named 'DealRoom' on our main menu bar or click below.
Stay ahead of the market, with HotCopper.