A couple of weeks ago we discussed two rights issues being offered by companies held in our model portfolios: FKP (being renamed Aveo) and Platinum Capital.
The former was an easy call and we took up our rights with gusto. The latter was more line-ball but with the share price moving up noticeably since, it has become more clear-cut.
The deadline for the offer is the 11th of December, so it’s important to act quickly if you haven’t already. We’ll be taking up the 1,500 and 2,400 shares that our Moderate and Aggressive portfolios are entitled to, respectively.