mercurius-adept schreef op 19 november 2020 07:58:
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misschien heb je hier wat aan?
thebull.com.au/10104-what-happens-to-...Ronnie sold 1,000 shares of XYZ at $1.00 a share receiving a total of $1,000
Ronnie purchased 1,000 shares back at 75 cents a share, outlaying a total of $750
$1,000 – $750 = $250 profit.
The owner of the shares did wish to participate in the rights issue so Ronnie had an obligation to participate in the rights issue. He was required to pay the difference between the price the owner of the shares had to cover the difference in the market price and the rights issue price. He bought 100 shares at the market price of 80 cents but the owner was required to cover 50 cents for each of the shares as per the rights issue.
Market price was 80 cents and rights issue price 50 cents. Difference is 30 cents.
Ronnie was required to pay 30 cents x 100 shares = $30
Therefore, Ronnie made a profit of $250 from the initial short sale; however, he lost $30 from the rights issue. The result is a profit of $220.