01-09-2005, 02:56 AM
I think;
Right issue are shares issued to the existing share holders in proportion to shares already held by them. Purpose maybe
* To keep the power in hands of existing share holders
* Easy and cheap process
* As they are offered lower then market price (usualy), it's a lot of bnefit to members
* As difference between market price and offered price is cosidered as bonus, it is equilient to decrease the extra profits/reserves held by the company
(Please if something is wrong, let me know)
```*``` I love stars;
*`*`*`* Shining;
`*`*`*` and Smiling;
*`````* Always.
http//www.shahid-fss.tk
Right issue are shares issued to the existing share holders in proportion to shares already held by them. Purpose maybe
* To keep the power in hands of existing share holders
* Easy and cheap process
* As they are offered lower then market price (usualy), it's a lot of bnefit to members
* As difference between market price and offered price is cosidered as bonus, it is equilient to decrease the extra profits/reserves held by the company
(Please if something is wrong, let me know)
```*``` I love stars;
*`*`*`* Shining;
`*`*`*` and Smiling;
*`````* Always.
http//www.shahid-fss.tk
