HZN 0.00% 15.5¢ horizon oil limited

rights trading - help please?

  1. SCD
    3,438 Posts.
    My trading account has been credited with a number of HZNR [20-NOV-03] rights.

    I have not as yet decided to apply for the new shares which are being issued at 7c.

    Can someone explain to me whether I can trade the Rights and pocket the money without any obligation to purchase the new shares at 7c?
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