Nil paid right

[Molemishi]

Assist me with making a right decission on nil paid right, how it work and how can i go about it

[#2]

you exercise your right (to buy more SHF), or you sell them, or you lose them. You have until the 24th to decide

[AP]

Is it a good deal to buy them (exercise ones right)? Shares are offered at approximately R52/share, which is about 5% lower than the current price R54.65. Therefore to me it seems like a good deal (assumign that the share price is likely to increase). Am I correct or am I missing something?

[Molemishi]

Really is a good offer,if you already bought it can you add on what u got and what is the procedure to buy

[koos2]

Hahahahaha! this SHFN is goning to zero fast!

[SimonPB]

the SHFN value is simple SHF price less 5200c, so if SHF hits 5200c the NPL hits zero ..

[koos2]

Thanks Simon. I am thinking of just letting mine expire and buy SHF for the same number at R 42 , dont know why i am seeing that number.

[koos2]

Sorry , half at R47,5 and rest at 42.

[#9]

Koos, that will largely depend on how pessistic the investment community is regarding the dilution effect of the Frankfurt listing. Personally, I think if Frankurt is oversubscribed, which will probably be the case, given the serious discount on SHF's property portfolios, then we should see a decent cash injection into SHF locally. Now my question is, how will the SA listing participate in the European income stream from here on forward?

[Creature_of_the]

If I want more Steinhoffs at R52, do I just buy more SHFN s for the no I want and then get allocated?.

[SimonPB]

don't let them expire, take them up or sell them