Shares & Derivatives
CapitaMall Trust Dips In Response To Private Placement – Time to Buy?
By Making Passive Income  •  November 2, 2011
img-capitalmall trust-atrium Yesterday, CapitaMall Trust fell drastically from $1.90+ to $1.79 and has remained around the same level today as well. The reason for the fall is that CapitaMall Trust issued a private placement between $1.79 to $1.85. Amount raised is $250 million for further AEIs and some working capital. I actually shared this on some groups in Facebook and I think this warrants a post on my blog as well. I feel the stock price is unfairly punished from these news. If you pick up the stock today at below $1.79, you would have gained an advantage over the institutional investors. Furthermore, there will be an advanced distribution of 1 cent for existing unitholders before the issue. I will be sharing some of the discussions which went back and forth about this on my Facebook. For those who are worried about dilution, here are some figures, ......
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By Making Passive Income
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