Rights issues - how to deal with?
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Posted by Paul King on April 19, 2005 at 19:41:30:
As a shareholder, I am occasionally issued with rights, warrents or options to buy new shares at a nominated discounted price, and these often have a positive value if sold rather than exercised. How should the value realised by selling rights be categorised & clearly identified? It is not a redemption of shares, nor is it a distribution in the normal sanse Cheers
Paul King
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