Question of the Week – should you take up the NAB rights issue?

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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:

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