Question: Would you kindly help me with the NAB renounceable entitlement shares please. I hold just under 500 shares. Should I participate in this offer?
Answer (By Paul Rickard): NAB is conducting a two for 25 rights issue at a price of $28.50 per new share. So, for your 500 NAB shares, you will get 40 rights that allow you to buy new NAB shares at $28.50.
You have three choices: