IBX 13.2% 3.3¢ imagion biosystems limited

Ok, dumb question, will someone care to explain the renounecable...

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    lightbulb Created with Sketch. 174
    Ok, dumb question, will someone care to explain the renounecable rights issue process and how it all works.
    let's say I had 2 million shares, does that mean I can buy 800k rights on IBXRA??
 
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