In my experience which is more than one sharemarket crash I always throught that renouncable means that they can be renouunced through the ASX by selling the rights entitlement through an ASX registered broker.
Now I know that the world has changed and maybe I've missed something with the recent changes to financial securities law especially with regard to Opes Prime and Tricom being able to do what they do without recourse (ANZ for that matter to!!!!) but I am sure that the ASX will allow rights trading to start soon. But as we know the ASX is a law unto itself!!!
The question is what will the broker charge for the privilige of selling your rights.
Good luck to all those who participate!
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