REITs and rights issues: Good at the right price.

Reader:
Can I ask u a question regarding to recently cache log have issue a right maybe know is it this right can be convert able into share when expired?

AK:
Once they have expired, rights are worthless.





Reader:
Alamak
Did u know when is expired date? Pls
And How do I sell off

AK:
It has already expired.

Reader:
Alamak like that mean nothing can I do with it?

AK:
I blogged about this. I even posted a reminder on my FB wall. 😉
All instructions and closing date in the package sent out by the CDP too.




Please be very careful and take note of all the dates when there are rights issues.

Exercise your rights to avoid dilution and, possibly, a big decline in distribution yield before the closing date.

How did Cache Logistics Trust's rights issue turn out for me?

I took up my entitlement and also subscribed for excess rights, receiving 40% more rights units than my entitlement as a result.




All investments are good at the right price and because heavily discounted rights units give the highest yields, unless it is a basket case, applying for as many excess rights as I can afford to makes sense to me.

Read this blog from earlier today?
Is AK the investor right 6x out of 10x?

Related posts:
1. Nil-paid rights and excess rights. 
2. Cache Logistics Trust 18 for 100 rights issue.