Tag: Rights issue
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Eterna Plc, a company in the downstream oil and gas space on the NGX, currently has a rights issue. A rights issue allows a company to offer additional shares to its existing shareholders. Here are my thoughts on the offer and where the stock should be trading at going forward. This is not investment advice,…
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Pharma giant Fidson commenced its rights issue a few days ago.’ Here is a walkthrough the company’s numbers over the last few years, and a forecast of where the stock could be trading at post offer. What is a rights issue? A rights issue is when a company sells shares to existing investors at a…
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UBA’s rights issue commenced a few months ago and seems to be lagging. The offer was extended by a few weeks. It was initially scheduled to close on Friday, September 5, 2025, but was extended by two weeks and will now close on Friday, September 19, 2025, following the receipt of approval from the Securities…