Rights OfferingWhen "you" get the news that makes "you" comfortable, or "you" decide "you" are exercising your rights (or not) "you" must call or email your broker and instruct them what and how many rights "you" wish to exercise. If "you" are dealing with a discount broker like myself my advise is to email a "detailed" request reasonably well ahead of time. In my case, I have 7 accounts which I hold my shares in so the email is going to be long ;););) if we get good news or...........quite short if any if we don't !!!!
Personally I "will" top up my/ our TFSA's one way or the other and if there is no substantial news will cross my fingers and close my eyes and hope MWX give us a......."big surprise"!!!! ;););)
If no substantial news RRSP's and cash acc's will head in a different direction.
Once again........it has been strongly indicated..........there "will" be news, but.........that is a familiar tune ( the sound of a violin)
This is a "you" decision !!!!! GLT "YOU"
RR