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Rights Issue: Access Bank Shares Plummets

Nairametrics by Nairametrics
October 13, 2014
in Uncategorized
Rights Issue: Access Bank Shares Plummets
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Access Bank shares continued it’s drop by midday trading today as it continues to fall under sell pressure. Investors do not seem swayed by its recent impressive 9 months result and are possibly worried by the imminent dilution that may occur due to the rights issue.

Access Bank is a buy for me and I scooped some shares last week and will continue to scoop as the price becomes more appealing.

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Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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