Keen to see this also - I'm a Direct Broking user also.
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Apparently issues resolved... but doesn't seem to be trading on Direct Broking yet - and I'm not willing to guinea pig the first trade!
Yes. They are trading around 9c at the moment. Their value is only the ability to get the "rest" of the share for 56c when the offer ends. At 9c, there is effectively a 1c per share saving on buying the shares as trading now (66c).
I don't think double brokerage - exercising the right shouldn't attract a brokerage fee I wouldn't think?
Where/How do you apply if you want to take up the rights? Haven't rec'd any comms on it.
The web portal opened around 12pm today, I have taken up my full entitlement (and transferred money) a few moments ago.
I am still surprised the shares trading this cheap (sub 70 cents)
Considering dip my paw into the waters again:
First time I made lots of money;
Second time I lost some;
Third time ???.