Post by
mingzhu on Nov 08, 2019 11:20am
one right enables shareholder to buy 15 shares
if SP goes lower, it may need to buy 20 shares. Most retailers do not have the money to buy so many shares. if you give up the right , your previuous investment is near to 0
Comment by
gang54 on Nov 08, 2019 11:48am
Glencore use this strategy to take away shares from retail investors. The next thing they will take it private - so hold your shares until that happens.