RE: AML Tradeable Rights?22 Sep 2022 11:00
The shares are ex-rights and nil paid shares are trading along with pre existing shares. So, the share price is the current price of all shares. Those not taking the rights will be paid for their rights. The issue for PIs is they rarely have the ability to sell their nil paid shares during the period before they actually receive them.
Will the SP go up or down after everyone has the ability to sell is the big question.
Ps. I don’t own any shares here.
IMO