Is it enougt to collect RS. 15b.@Arena wrote:Even JKH goes for 1:10 right issue at 200 They can easily collect more than Rs. 15b.
Right is not sure for me even it does, It will be a nice Right issue like 1:15 or 1:10 for sure.
May be 1:5 at 100 or 150. Then the right will Push the prices up for sure.
All above are purely hypothetical scenarios
they nees us $ 850million
Rs =850million X 130
Rs.=110500 million =Rs. 110.5billion total requirment
say they want 1/3 from right issue, then requirment 110.5/3= Rs. 36.8 b
If 1/2 from right issue, then requirment 110.5 = 55.25 b
If I am wrong please correct me