BTW...if u dont buy in....u still own the rights...and due to being renouncable rights....u can trade those rights ie sell for $
just another factor to affect the price of the ordinary share price
rednoff
"A renounceable right is an invitation to a company's existing shareholders to buy additional new shares in the company. Shareholders have the "right" to increase their investment exposure in the company's stock. However, shareholders can renounce that right, meaning that they can trade those rights on the open market."
