Tatiana, a friend of yours, has recently been left approximately 50 000 of listed company investments in
Fantastic news! We've Found the answer you've been seeking!
Question:
i) Turtlehammer plc rose to 215p on speculation of a hostile bid from a competitor, but fell back to 21 Op by the end of the day’s trading.
ii) The share price of Teddington Tilmain plc has risen by 26 pence following the announcement that it has obtained an important new export contract.
iii) Tolson Tortellini plc has announced today that it is making a rights issue of 1 for 4 at £2.30
Tatiana frankly admits that she doesn’t understand any of this. She asks you to explain each of the pieces of news in terms that she can understand. She would like to know if any of it is likely to be good news for her.
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
Posted Date: