Q: I own 8000 shares of DHX. With the rights offering, does that mean I will get 8000 rights at $1.67 free and I can sell them anytime until November 15 or convert them by buying 8000 more shares at $1.67? Not sure what to do with this information. I think a right gives you the right to buy the shares before the expiration date at a certain price and if you don’t they expire? Can you clarify for me please and if you owned the shares would you convert the rights?
As I averaged down over the years I hold my 8000 shares at a cost of $2.10.
As I averaged down over the years I hold my 8000 shares at a cost of $2.10.