27-04-2021, 09:47 AM
Please bear in mind that rights issue has 2 situations, one is beyond control & very urgent cash call else insolvent, second type is management has 100% control when they want to do right issues, no urgency no insolvent risk.
If JCCL insiders are buying at $22.77 & $22.79, its obvious signal definitely no right issue at this level. No brainer, only JCCL shortsellers will keep harping on rights issue.
If JCCL insiders are buying at $22.77 & $22.79, its obvious signal definitely no right issue at this level. No brainer, only JCCL shortsellers will keep harping on rights issue.