APA 1.67% $7.91 apa group

Im confused They say its renounceable but if you don't take up...

  1. 295 Posts.
    Im confused They say its renounceable but if you don't take up your full entitlement you lose the remainder of it There is no mention of a trading period for the rights etc
    So I would have thought its a NON renounceable issue So not sure about that 50c for your rights I think I might be caught between a rock and a hard place in my super fund (Australian Super - member direct -any one else in this ?) I am fully loaded up to the limit 20% in APA so technically cant buy any more ie the rights Might have to get eligible then dump some then buy back As I said I will need to think this through carefully
    Does any one see any arbitrage opportunity here ?
    Greggy
 
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