Forum Archive Index - May 2001

Please note usage of the Forum is subject to the Terms & Conditions.

Messages by Date [	Next by Date	Previous by Date ]
Messages by Thread [	Next by Thread	Previous by Thread ]
Post to the Forum [	New message	Reply to this message ]

Printable version

[sharechat] Re: SUB rights

From:	"Philip Robinson" <fire_appliance@hotmail.com>
Date:	Fri, 11 May 2001 23:32:07 -0000

Michael,

The SUB rights give you the "right" but not the obligation to subscribe for 
more shares. It is non-renounceable so you unfortunately cannot sell your 
rights.

If it was renounceable you could have sold your rights which may have been 
worth something.

It might be a plan to subscribe for them though, so you don't have your 
holding diluted, but it is entirely up to you whether you buy them or not.

Hope this helps.

Phil
_________________________________________________________________________
Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com.


----------------------------------------------------------------------------
http://www.sharechat.co.nz/          New Zealand's home for market investors
----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/forum.shtml.

Replies

Re: [sharechat] Re: SUB rights Michael Phillips

Messages by Date [	Next by Date:	Re: [sharechat] Re: SUB rights Michael Phillips
	Previous by Date:	[sharechat] Daily ShareChat News Summary Ben Dutton ]
Messages by Thread [	Next by Thread:	Re: [sharechat] Re: SUB rights Michael Phillips
	Previous by Thread:	Re: [sharechat] The Numbers Game - CSG Derek ]
Post to the Forum [	New message	Reply to this message ]