What happens to CFD short position re capital raising

skc said:

I have a short CFD position on a share that's gone into a trading halt pending a capital raising. Reading the CFD provider's PDS, they will make some adjustments to the share base on theoretical ex-rights price (or similar).

Has anyone been through this and what was the outcome?

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skyQuake said:

Rights issue - Gets adjusted (nothing much happens to ur P/L)

Placement/SPP - No adjustment (u win)

Placement+Rights - Adjusted to the extent of the rights issue (u win less)

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skc said:

Thanks mate.

"Placement. Placement. Placement." *Chanting

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