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If you don't want to subscribe, just sell it, this is free gift for you. If you do nothing, then means you just throw away your money notes. If your LR qty is very few, then you really don't need sell because you still need pay transaction fee.
Whelen & Calvin, if I do nothing and let it expires after this Friday, will I need to subscribe to anything? Will they deduct money automatically from my account to buy the stocks or anything?
Just to share experience, this time AA's LR price (lowest till RM0.005) may misleading newbies think LR is something cheap (not worth to take), actually the LR supposed price around RM0.20 ++ if AA mother share maintain stable, the calculation is subscribe price RM0.75 + LR price = mother AA price. So, please don't misunderstand and think LR/RI is not worth to hold/see in future.
If subscribed already, the LR will automatically be distributed to my account later on? Don't need to do anything extra? Sorry for newbie question, first time RI
Lr is the price to buy the extra right from those who have right but want to sell to you ... Nothing related to the right exercise price.. The right issue price still 0.75.