CTP 0.00% 5.4¢ central petroleum limited

stupid question re: renouceable rights

  1. 21 Posts.
    Dear All,
    To show my lack of trading knowledge could someone answer my questions,

    1. If I was to sell all my rights entitlements issue shares (ie a number equivalent to 50% of total shares owned)are they sold on the market under CTPRA.

    2. If they are sold at say 0.02 (2c) are they exercisable at a certain price and a certain date by the buyer or does the buyer just get a great bargain.

    Regards
    Rosso
 
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