Should you subscribe SIA MCB?
@RFTrader:
The $SINGAPORE AIRLINES LTD(C6L.SI)$MCB rights will start to trade on 2nd Jun 2021, 9 am and last trading day for the rights is on 10th Jun 2021. During this period, investors who do not want to subscribe for their pro-rata share of MCB are able to sell the rights in the open market. Just to recall, during the last MCB rights issue in 2020, the rights traded as low as 0.001 cents as there were no buyers for the rights.Those investors who want to subscribe for the rights are able to do so between 2nd June 2021 and 16th June 2021.Now, here comes the question. Should you subscribe for SIA MCB?Let me paint 2 scenarios for you, assuming that you have subscribed for the MCB.In the first scenario, we assume SIA recovers strongly from the Covid-19 impact i