CIMA F3 TERP and impact on shareholder wealth

Comments

1. Thevindap says

   September 1, 2021 at 10:55 pm

   Hello. Just a quick question, why do we deduct the new shares bought in the rights issue from the total value? In this case the $1200 from the $10500? Don’t those new shares add to the wealth?

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   • chrisj1 says

     February 23, 2024 at 5:43 pm

     I’ve come across this older comment and thought I’d respond just in case it could benefit others viewing this video. We deduct the $1,200 because we’ve had to cover the costs of the rights issue and obtain the 200 shares.

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