Shares & Derivatives
Will you subscribe to Noble Group rights?
By Singapore Stocks Investing (SSI)  •  July 11, 2016
The embattled Noble Group stock is currently trading at $0.169 (as of the closing price on 8 Jul 2016) while its rights offer are priced at $0.11 per right per share. If you are an investor who could subscribe to these rights, will you do so? If you have followed my blog long enough, you would have known that I have liked Noble Group stock till the slew of critics’ reports and other earning news were surfaced up, leading to Noble Group’s price headed really south, with the Chairman and CEO resigning from their posts. Noble Group used to trade at above $1.20, looking at its stock price which is really just 10% of the high prices of its glory days, I believe Noble Group stock price, post all the settlement of the rights-issue will be in a new era, to be led by a new CEO ......
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By Singapore Stocks Investing (SSI)
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