Marawila Resorts Rights Issue 1:1 @ Rs. 3/=

[SrirangaVeteran]

http://www.cse.lk/cmt/upload_cse_announcements/6831424832603_.pdf

[HAL9000Top contributor]

Here we go the Group of RIGHTS FACTORY. over the years they gave no returns but right issues.

[Monster]

Right Issue factory indeed. In fact CFLB/LCEY group is very popular for right issue.

MARA announced it's first right issue on 2009 = 2 of 7 shares at 5/=
Second right issue was on 2011 = 1 of 4 shares at 10/=.

In 2011, I subscribed the right issues and sold it between 13/= and 14/= as I remember.

MARA was under my radar, when it was trading below 6/-. I got escaped from sudden fall.

[yellow knifeTop contributor]

I can remember a monkey looking at the footrpints of animals going towards the pond said...." there are foot prints going in...but no foot prints coming out".... so its conclusion was there lives a monster that eat all animals getting into the pond...

Yes Monster you have done the ideal... You have drunk water from the pond using a Straw and got out of the pond..

Similarly there are companies in CSE where cash can go in by way of rights but never come out as dividends... Remember in such places Monsters Live

[SrirangaVeteran]

http://investorsentiment.forumotion.net/t1254-rights-factory-of-cse?highlight=factory

[chinwiTop contributor]

I can remember a monkey looking at the footrpints of animals going towards the pond said...." there are foot prints going in...but no foot prints coming out".... so its conclusion was there lives a monster that eat all animals getting into the pond...

Yes Monster you have done the ideal... You have drunk water from the pond using a Straw and got out of the pond..

Similarly there are companies in CSE where cash can go in by way of rights but never come out as dividends... Remember in such places Monsters Live

නලපාන ජාතකය​
http://sadahamradio.lk/gatha/22%20Nalapana.pdf


... and the same story appears in many cultures

[nihal123Top contributor]

I can remember a monkey looking at the footrpints of animals going towards the pond said...." there are foot prints going in...but no foot prints coming out".... so its conclusion was there lives a monster that eat all animals getting into the pond...

Yes Monster you have done the ideal... You have drunk water from the pond using a Straw and got out of the pond..

Similarly there are companies in CSE where cash can go in by way of rights but never come out as dividends... Remember in such places Monsters Live

නලපාන ජාතකය​
http://sadahamradio.lk/gatha/22%20Nalapana.pdf


... and the same story appears  in many cultures

Thanks chinwi