Just want to understand what happened to the LDEV price ?... it was trading around 80 when there was a rights issue of 15:1 @ 25.... now its trading around 30 after the rights XD date ... I am not sure that the shareholders of LDEV @ 80 price would have made a loss ???
can someone why they priced the conversion price at 25 ? when they have such a large share dilution... doesn't that mean that the person has to put in more money than the initial investment to keep the same shareholding ?