My first renounceable rights issue. All the others I have had I have not been able to trade, so a new learning experience. Only a small investor here , so not playing with sheep stations ( sorry colloquial Australian saying for our overseas participants). My gut feel is to just take the rights up at 3.2 cents and not trade any or buy more, so as to keep my holding balanced with my risk profile. But will be interesting to observe what unfolds. Also Nabtrade customer and the SYARD have been in the account for a couple of days.
Christopher
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- Ann: A$20.4M FULLY UNDERWRITTEN RENOUNCEABLE RIGHTS ISSUE
Ann: A$20.4M FULLY UNDERWRITTEN RENOUNCEABLE RIGHTS ISSUE, page-373
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