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
$2.59 |
Change
0.000(0.00%) |
Mkt cap ! $593.0M | |||
| Open | High | Low | Value | Volume |
| $2.60 | $2.61 | $2.59 | $507.7K | 195.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1764 | $2.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.60 | 49050 | 1 |
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| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$2.59 |
Change
0.000 ( 0.38 %) |
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| Open | High | Low | Volume | ||
| $2.59 | $2.61 | $2.59 | 102642 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
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