I have not dealt with renounceable rights issues before. I have taken up my small entitlement but I'm wondering how the traded rights work. For instance if I want 2000 new shares I buy 2000 rights on market and I'll be entitled to buy 2000 more shares at $2.50, with total cost essentially being $2.50 + price per right. Am I in the right track with this? if so how do I then purchase the extra shares now that I have these rights?
Thanks in advance.
I have not dealt with renounceable rights issues before. I have...
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Last
$3.37 |
Change
0.020(0.60%) |
Mkt cap ! $771.6M | |||
| Open | High | Low | Value | Volume |
| $3.38 | $3.38 | $3.35 | $327.7K | 97.23K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10513 | $3.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.39 | 18505 | 3 |
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| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| HM1 (ASX) Chart |