I have at present the offer to take some more shares in a public company at a very reduced price through a ‘rights’ issue.

Yes I have been buying shares since a very good friend’s father introduced us to the concept of shares 36 years ago.

In those days there was not a book in the library on those as I went to find out more about shares.

The world of investing has changed.

However although I am in financial services direct share advice is not in our license & I leave alone direct share advice.

So when I received this offer I first asked.

do we take up out ****  rights thanx

 And we have back

Hi John

You either take them up, or sell the rights on the market. The rights are trading at 21 cents per share.

The price is obviously attractive, but **** have had to make it attractive in order to encourage people to invest further funds. The earthquakes are still causing major issues for the company, and it’s hard to say when the trouble will end.

Which to me sounded ‘a toss up’

So on further reflection I asked

What would you do?

And I now  have a better & more specific answer.

 take up the rights & sell later.

Yes that is the question to ask when wanting advice.

What would you do if you were in my position.

its the question i ask everytime.

Yes Sir.