$SEMBCORP MARINE LTD(S51.SI)$w-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$SEMBCORP MARINE LTD(S51.SI)$why drop after the annoucement ?

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Comments

120PL
2021-06-28
120PL
you are forced to pay more for the rights issuance later, the company is burning the money and seeing light yet in the tunnel
- GordonLucas:
  oh dear... didnt know abt this. let me read more into it. thanks for sharing
JoeLeong
2021-06-28
JoeLeong
Dont know wait How long to go up ?
- GordonLucas:
  [流泪]
EdemonQ
2021-06-28
EdemonQ
even at 0.191, the TERP is 0.124

for every 2 shares they let u buy 3 share at a "discount" of 0.08

e.g 2x0.191 +3x0.08 = 5 x 0.124

basically no discount, just pay more to retain original value...

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