Option 1 – Exercise all of your rights and increase your exposure to URF Under the rights issue you are entitled to purchase new units in URF at $1.80 per unit, which represents a 8.6% discount to the closing price of $1.97 as at close of trade on Monday 20 January 2014. You may also apply to purchase additional new units above your entitlement at $1.80 per unit through the Top Up Offer, however please note that applications under the Top Up Offer may be scaled at the absolute discretion of the Responsible Entity.
Risks: Please note that if you elect to purchase additional URF units you may be increasing the risk of capital volatility and losses in your portfolio.
Option 2 – Maintain your existing exposure to URF and lock in a trading profit Depending on market conditions it may be possible to lock in a trading profit and maintain your existing exposure to URF by selling part of your existing holding at market prices and exercising your rights to purchase new units at the rights price of $1.80. If you elect this option we will execute the strategy such that your final URF unit holding is the same as your current URF unit holding.
URF Price at posting:
$1.91 Sentiment: LT Buy Disclosure: Held
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