5. What happens if I do not use or sell my Rights Entitlements?
If you do not exercise your Rights Entitlements or sell it before the closing date, the REs will expire and become worthless. Think of it as getting a discount coupon — if you don’t redeem it or sell it before the last date, it just becomes useless.
- You received RE because you were a shareholder on the record date
- But RE is temporary, it doesn’t stay forever
- If you don’t:
- Apply for the rights issue (use it).
- Sell it on the stock market
- Then after the rights issue closes, the RE automatically disappears, and you lose the opportunity to benefit from it
Did this help?
Thanks for your feedback!
Thanks for your feedback!
Thanks for your feedback!
Related Articles
