Forgive my ignorance, could someone take a moment to explain this rights issue. If I purchase the options at 1c, this will cost me $1300 upfront. What then is my obligation in regards to this stock leading up to the exercise date and price of 4c at JUne 2010?
IS this like the bris connect where I must pay the 4c for all options or can I sell or simply not purchase?
All feedback appreciated
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