October 25, 2010
How do I find companies with renounceable rights?
By Planet Wealth
I don’t want to sift through the entire weeks worth of ASX announcements to find a company offering renounceable rights. Is it possible to find them as simple as finding a company with upcoming dividends?
Topics: stock market | 1 Comment »
One Response to “How do I find companies with renounceable rights?”
Comments
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October 25th, 2010 at 3:09 am
Ive never looked at this strategy but I guess you could search Edgar 8-Ks for rights offers. Just like a dividend, the price should fall the value of the right when it goes ex-rght so I dont see this as a profitable strategy, unless maybe illiquid/inefficient markets