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cairanvanrooyen

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  1. Thanks @TFFX_, think i got it. If i had a long spreadbetting position of +100 on RR and decided to take up the rights, I would get (10/3)*100 = +333 at 32p and my original positions would remain in place too. If I opt out, what does this mean? Do i get 333*(current_price-32)?
  2. I had three long positions in Rolls Royce and there has been a 'rights issue'. Can someone please explain in plain simple English what this means. I am very confused what happens to my long positions - I believe I have an option to 1. take up the rights, 2. do nothing and let rights lapse or 3. trade out of the rights. I think this means that I can get more shares for each one that I hold? What then happens to my previous long positions, stops etc?
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