I perhaps shouldn’t have used the words “there’s no obligation to inject cash”. What I meant was that when a company hits hard times, its shareholders DON’T inject new cash.

What you are referring to my old Badger is a rights issue (or similar) where a company aims to raise extra capital from its shareholders. This would tend to take place in ‘good times’ or ‘optimistic times’ ie a business looking to expand. To answer your question, yes - in theory those shareholders who don’t take part in the rights issue ie don’t stump up the capital will end up with a smaller share of the company than before. Someone may need to help me here, but I think that their ‘rights’ then go to the marketplace - in other words other investors can buy the ‘right’ to inject the capital and thereby acquire new shares at a lower price than the ‘old’ shares.

Edited by YT (25 Sep 2018 5.13pm)

Do you make yourself laugh?

Are you seriously suggesting that the Tories are solely responsible for the above?

Do be serious.

Even you have to admit Hrolf this is the worst government in history,and if your"e not prepared to blame the government in charge of the country, then whats the point of bothering voting? They had 7 years to get things right, and we are in a worse mess than ever, defend this bunch hrolf and i have to question your integrity, seriously!

You don"t know statement? Whats Croydon got to do with the state of the elected government failing on the nhs, crime, brexit and the railways? Wireless? Did you go to a grammar school by any chance? you sound a bit like "nanny will do it", rees mogg, nothing wrong with grammar schools or any good schools by the way, but wireless? Do you go in to currys, in chatham, and ask for a wireless?

I'm no fan of Theresa May but unemployment is at lowest for 40 years under the Tories.

That would explain it then, wireless i mean, yeah, we are expensive cryst but its the way they did it, illegally is the issue, thats why its in court this week, and a new taxi is 65k cash, or more on finance, thats so we can carry wheelchairs, and allowing any car to ply for hire as in uber for about a grand isn"t a level playing field, thats why black taxis are dying out, and believe it or not tfl issued around 13000 uber licences to drivers with fake details, covered it up for a year, and when its been exposed a few months ago they said, we have found 2000 of the 13000 and asked them to submit real details! Thats why theirs been lots of rapes and sexual assaults in london in the back of an uber/minicab in the past year, and thats down to the CONservatives watering down a 400 year old industry to make money, ( osborne. cameron, theresa mays husband all have shares in blackrock/uber)