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right issue

This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.

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June 2, 2018 at 10:56 am #455479
wingyee
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how can a company issue funds via right issue?
June 2, 2018 at 4:48 pm #455540
John Moffat
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They don’t issue funds, they raise funds.
The offer new shares to existing shareholders, usually at a price a little less than the current market value. You need to watch my free F9 lectures on this (or even the F3 lectures).
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