MGT 1.54% 33.0¢ magnetite mines limited.

Ann: Rights Issue Opens for Applications, page-3

  1. 3 Posts.
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    To clarify, you need to pay the company to convert the rights to shares if you want to exercise your rights.
    This will also give you 1 option for every 2 shares you buy with your rights.

    If you literally do nothing your rights will lapse and you will receive nothing.
 
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