Fynn_SG
2021-06-05

I receive a letter of rights entitlement of 50 rights....5:100.


Does it means if buy 50 rights is 1000 shares?

$2.62 should I accept? Anyone receive too?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Healthywealt
    2021-06-05
    Healthywealt
    Do u mean u have 1000 original share and it allows u to buy 50 right shares at $2.62? There is an odd lot sell function in tiger. we intend to subscribe the ones from tiger, to experience the process
    • HealthywealtReplyFynn_SG: 
      No prob.
    • Fynn_SGReplyHealthywealt: 
      thx ya. .. I will skip that cos too little
    • HealthywealtReplyFynn_SG: 
      I see. me too, first time using tiger broker for right share. i be subscribing to the right share. Mine also very little, so i think later need to use the odd lot button to sell away.
    • HealthywealtReplyFynn_SG: 
      Yup, It is 50 shares only. Will be odd lot cos less than 100.
    • HealthywealtReplyFynn_SG: 
      that day, I was wondering how to sell the small units. I look around the apps and see under me, under tiger account, has a button (odd lot). So i am thinking of trying it.
  • Healthywealt
    2021-06-05
    Healthywealt
    Have not tried the odd lot sell function button. Hope to try it with the right share.
Leave a comment
10