TCL 1.29% $13.31 transurban group

Ann: Successful Completion of Institutional Entitlement Offer, page-11

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  1. 1,035 Posts.
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    As far as I am aware, the TCLRA is the amount of shares you are eligible to buy. You pay 11.4 times that amount and they will convert to TCL. You can also sell them on market (may or may not be worth the brokerage). You can also sell a portion and convert a portion.
 
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