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clock Created with Sketch. 26/05/16
17:05
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Originally posted by traderforever
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SUH - I've been holding these shares in one of my accounts forever & since about 10 days ago I've got SUHR shares in my account in addition to SUH shares. I believe these are Renounceable Rights given to holders for free. How do these work anway? I asked Westpac about them & they said:"Further to your email; please be advised the SUHR are Renounceable Rights that have been issued by SUH. You can sell these on the market like normal shares under SUHR or pay a sum of money to the Share Registry to acquire more SUH shares. If you would like more information on the Rights Offer please speak to the Share Registry: Computershare on 1300 850 505."
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I just looked it up. It's too late to get rid of them now, the offer ended today, so rights trading would have finished a day or 2 ago.
