Possibly a little better, but negligable. 2c rights + 5.5c to convert = 7.5c buy in, but I also get 1/4 option (about .8c worth) per right, so that takes my buy in to 6.7c.

Plus.. When I bought my rights my broker (ASB Sec) charged me the whole price, and forwards it to the registry. So I don't need to do anything at all to convert these (verified by both ASB Sec and the registry).

Come to think of it, I should just go get more ARVR right now whilst they are at 2.1c....