Thursday, September 5, 2013

Asiatic Rights

Asiatic Rights - There appears to be some mispricing, with the Rights trading higher then the mother share. With the rights exercise price at $0.035 and having gone ex, the Rights value should be Mother share - Rights Exercise price = $0.059 - $0.035 = $0.024. Perharps what an investor could do is to sell the rights and purchase the Mother share instead.

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