seems it ready for the run.........hammurabi wrote:hammurabi wrote:Its good to target LOFC at 3.7, 3.8. Prices will remain there for atleast 2 weeks. Price blast will happen once the Parent fully subscribe the leftover rights at 4.65. What i understood was that it was a drama by LOLC that the price was controlled below right issue price, So that they can subscribe the whole rights when nobody else does. Similar thing happened at REEF. REEF was 3.8 while rights price was 5. After the rights the price rose to 5 and now its being traded around 6.
LOFC Rights fully subscribed. I told you all whats gonna happen
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