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10-05-2013, 12:44 AM
GG & CityFarmer,
I take this episode as an excellent learning experience.
However, I fail to understand the potential positive excitement.
For all placement that I came across in Spore, the placement price is discount (not premium) to recent trading prices. Thus, the share price will likely to come down after the placement announcement.
Even there is a capital reduction / special cash dividend, the price will adjust accordingly by same amount upon ex-Dividend.
Am I missing something?
I take this episode as an excellent learning experience.
However, I fail to understand the potential positive excitement.
For all placement that I came across in Spore, the placement price is discount (not premium) to recent trading prices. Thus, the share price will likely to come down after the placement announcement.
Even there is a capital reduction / special cash dividend, the price will adjust accordingly by same amount upon ex-Dividend.
Am I missing something?