How to take up a rights issue? - Aussie Stock Forums

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  1. #1

    Default How to take up a rights issue?

    Hey, I've got interests with a stock that's recently had a rights issue. I'm just wondering how I take it up. I haven't received any correspondance because I'm living overseas at the moment, if it's through that are there any other options?


  2. #2
    The Contrarian Averager So_Cynical's Avatar
    Join Date
    Aug 2007
    Sydney - Muntinlupa

    Default Re: How to take up a rights issue?

    You usually need the personalised form the company/share registry sends out...who gets your mail? also the ASX site will have a schedule of events for the issue so you can look at that and see when it opens and closes and when the papers have been dispatched etc.
    Statistics: 172 Closed Trades since July 07, Trades: Winners 135 - Losers 37, Expectancy/$1 Risked: $0.78

  3. #3

    Default Re: How to take up a rights issue?

    Can also depend on your broker. Eg: IB (like lots of non-Australian brokers) hold the shares in their name, so to take up the issue you just need to tell them.

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