Dear friends, I have some doubts regarding right shares.. I hear some people saying that they have suffered some loss while investing in right shares. What is the difference between trading in right share and ordinary share. I see some great profit investing in right share.
For example, if a company with market value of Rs.1000 issues right shares at par, won't it be benefit to buy huge amount of shares from market at 1000, get the ownership and grab the right share at par. Here, though I purchased the share at par, I can trade it at 1000. Isn't it beneficial, increment by Rs.900 within few period.
Am I right with the above example? Please help.
Thanks in advance!!