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2.94% 7.0¢ rpm automotive group limited

It makes more sense to sell some shares to exercise your rights...

  1. PinchOfSalt
    228 Posts.
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    16/08/11
    10:17
    Post #: 8826940
    It makes more sense to sell some shares to exercise your rights since you get a bonus option with each 4 shares. I just bought 4M rights at 0.1c because I like the total entry (0.5c) and the bonus. And if the SP goes to hell this week I don't have to exercise them anyway.

    As above, last day rights trade is 19 Aug
    Closing date to exercise is 26 Aug

    KIK Price at posting: 0.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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