Originally Posted by
gonzo56
Hey,
Just a question, I have 6 rights (haha, I only own 48 shares from the bonus issue) ,
if I choose to sell my rights, DB will charge me $30 wont they? Probably so not really an option
Or if I choose to buy only 6 shares for $5.05 I will be charged then too. Buy the 6 shares at $5.05 in the rights issue and no brokerage etc
I was just wondering, because these are renounceable, can I just do nothing and get paid out my $5 worth, If you do nothing you will get athe difference between what the book build price is and $5.05 (not $5.05) so you could be in for a windfall of 30 cents or something
without being charged a transaction fee higher than what my rights are worth...?