Ralph5: Good save ta Ralph5, it was my understanding they were not tradeable;
'CLUFF RESOURCES PACIFIC NL RIGHTS ISSUE JUNE 2009' 25/06/09 page 4 "This offer is a non-renounceable right to apply for further shares and options in the company. The rights set out in this offer are not tradeable and are exclusive to each shareholder."
'Letter to Shareholders - Rights Issue' 26/06/09 page 1 However, the current FPO shares increase by 323,393,624 on 31 July 2009 giving a total of 1,940,331,746
So, the right to take up the entitlement is not transferable/tradeable, but the issued 323,393,624 shares @ .004 become tradeable from Dispatch Date 31 July 2009.
In 2 weeks CFR's SP might see some rapid changes come Friday 31 July 2009. Still I'm holding for the next announcement.
CFR Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held