Regarding rights issue, I've a fair bit of experience dealing with this, hence I would like to share some of my findings regarding the rights exercise. A rights exercise has got 2 components to it:





This is basically the terms of the rights exercise. If a rights exercise is 2 for 10 @ 20 cts each, it means that for every 10 shares that you have, you're entitled to 2 rights shares at 0.20 per share. For example, the very recently completed first reit rights exericse, it's a 5 for 4 rights issues @ 50 cts. This means that for every 4 shares that you owned, you'll be entitled to 5 rights shares @ 0.50 per share.





Besides applying for your entitled rights based on the ......