So, as I see it,
If you buy in today, say 20k of RIO shares at $74, you would reiceive 270 shares, and then be offer a rights issue of 135 shares at $28. An average puchase price of around $59 dollars.
So, surely, when the RIO shares are ex-rights, they will drop to this price.
Why wouldnt I just buy in then....???? surely
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Last
$114.00 |
Change
-1.540(1.33%) |
Mkt cap ! $42.31B | |||
| Open | High | Low | Value | Volume |
| $115.62 | $115.85 | $113.84 | $385.3M | 3.358M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 350 | $113.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $114.60 | 20 | 1 |
View Market Depth
| Last trade - 16.14pm 19/09/2025 (20 minute delay) ? |
| RIO (ASX) Chart |