Just to Clarify, Lets say HMSO trade at 25p on the 25th and you did not sell or exercise your rights, will you then receive 25p less 15p more or less 10p per share (not taking in consideration other Costs)?
What will happen after the 25th if you have not traded your nil trade shares ?(Please explain the Placing of the Rump?) How is the price calculated if you do not take up the Rights or sell our rights, is it the Closing price of the HMSO (On the 25th) less the 10p Rights issue price less brokerage and fees?