Get all the upside but only 12 cents of any downside!
Oh dear, no, sorry!
When you buy the rights you have to cough up the 82 cents at the same time. Ie. your contract note will demand from you an amount equal to the rights price that you paid PLUS 82 cents. Then you have new shares, not rights.
So your potential loss is exactly the same as buying the shares.
!!
Get all the upside but only 12 cents of any downside!Oh dear,...
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