It may be worth pointing out that if you buy LPDRB rights on your trading platform (certainly this applies at Commsec, I assume all the
others as well) they will also require that you pay them the $0 .029 per right conversion fee AT THE TIME OF PURCHASE.
eg 100,000 LPDRB @ $0.005 = $500.00 PLUS 100,000 x $0.029 = $2900.00 rights application fee. Total $3400.00.
On 22May THEY pay the fee for the rights conversion for the rights you purchase on market, YOU still only need pay the fee for the
rights you were granted as per the prospectus. (ie BPay only the amount on the form you will receive in the mail.)
Ann: Entitlements Issue - Rights Commenced Trading, page-70
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