This is a technical question but just wanted to know if anyuone had the answer..otherwise would have to ring IG markets
I have 5000 HDF shares in IG Markets. I told them that I would exercise my rights and they added another 50 HDF Rights which are supposedly trading on their platform at $4.50.
Can anyone explain what is happening here? I was expecting another 5000 HDF shares as the rights were at 1:1 at a cost of 90c.