Because the rights issue is renounceable there is a period of time that you can sell your rights. Hence tlur. I doubt these will trade. You can look at the depth of TLUR to see the buy and sell orders. If you sell your rights, you can't take up your issue shares.
Hope this makes since. Bit brief but I'm typing on the iPhone!!
Cheers
Doyle
TLU Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held
