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Hammerson Rights Issue: have I got this right, and are the shares a slam-dunk sell?

By Nigel Somerville | Tuesday 11 August 2020


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


I sit and marvel at the share price of fully listed Hammerson (HMSO) which has announced a share consolidation and a rights issue. Have I got this right – if so, surely it is a slam-dunk sell! Answers on a postcard……

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