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How Promoters acquire stocks for free at the cost of retail investors ?
A thread 🧵 on new way of making free money by promoters by issuing Right Shares at steep discount
Like Retweet Share Follow if you find valuable
#rightissue #redlfag #corporategovernance
A thread 🧵 on new way of making free money by promoters by issuing Right Shares at steep discount
Like Retweet Share Follow if you find valuable
#rightissue #redlfag #corporategovernance
Right issue is generally a fundraising from existing investors by issuing right shares price lower than market price.
This is not like bonus / split where investors don't need to do anything. In right issue if you want to get benefit of acquiring shares at lower price you must need to apply and pay right issue amount.
