STE's Stocks Investing Journey

Renounceable vs Non-renounceable Rights Issue

STE
Publish date: Mon, 14 May 2018, 11:12 PM
STE
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"The stock market is a device for transferring money from the impatient to the patient " by Warren Buffet.
Recently, it seems that more and more companies are choosing to issue "Non-renounceable Rights" in equity raising activities instead of "Renounceable Rights ". My friend " B "from " A Path to Forever Financial Freedom (3Fs) had just written a good blog post in explaining how to take advantage and possibility of making some "profit or lowering your entry price " by capitalizing the rights
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