Replies to post #146 on Cornerstone Total Return Fund (CRF)

[prairielady]

So, are you just buying on dips leading up to Rights Offering, and NOT exercising Offering share purchase opportunity?

Bear with me, am newbie to RO. As I get it, CRF stated 13.31 subscription price, presumably will adjust @ close of RO and settle accordingly with RO shareholders (?).

Or do RO shareholders take the hit if market price drops to below 13.31 (after calculating 90% mkt price etc)

Trying to research online, waiting to hear back from Broker (TDA). Stuck.

[leftovers]

Don't think the price will get that low? Personally not too excited about the RO be glad when it passes!

theres still 2 weeks left until the RO is done. Im hoping to see the low $13.00's upper $12.00's print before the time is up.