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Ann: Commencement of Rights Trading, page-22

  1. 3,496 Posts.
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    Additionally when you buy the rights off another trader, you effectively pay them the rights price then your broker will apply the CR price point at the conclusion of the rights issue..

    ie.. I ordered 559359 rights this morning at 003 so I pay 559359x003c to those I bought from...

    then when the rights issue concludes, I also pay an additional 559359x5.5c to the company through the broker..

    then I also pay my entitlement directly to the company

    does that make sense?
 
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