A quick question, it would be helpful if anyone can answer
Right now premium with right issue is approximately 40 %. Will the share price will go down accordingly once equity base will increase or it has already been taken care on record date. I saw 10 % blip on record date.
I suspect in any case there will be some downside pressure once everyone will receive right share and would want to book some profit. But my question is more on share price adjustment as per equity increase when will that happen or it has already happened?