So...I'm a newbie to rights issue trading as I didn't do this last time, and asking for a friend...so if one buys (for example) 1,000,000 renounceable rights...do you have to convert them all, or can you later choose to convert some if you want to? How does this happen, do they send you an invoice like they do for the allocated ones? Dumb question I know, but I honestly have no experience with this.
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