I am surprised MVT has not moved higher also. Quite happy though...

I am surprised MVT has not moved higher also. Quite happy though as it has enabled me to accumulate a position at good levels after being out of the stock some months ago.

If I was a holder of INA and was tight with cash but wanted to keep my weigth in the stock I would do the following. Consider selling half my holding in INA, taking up ally my rights, and the money left over buy MVT.

It will be interesting what MVT do with their INA exposure. Am guessing they will at least sell enough to finacne INA rights, though they may well have enough in cash to pay for the rights. But I think they must be close to be thinking about reducing the portfolio's weight in INA given the amazing run.