I hold a short position and thats what the reply from my CFD provider, opposite goes for long position..
Hope this helps
"If you are short RIO and the rights issue proceeds, you could end up with a short position at the issue price.
According to the reports you should close your position before the EX –Entitlement date of the 17th of June (i.e. don’t hold the stock on the night of the 16th of June)"
rights issue urgent, page-5
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Last
$116.47 |
Change
2.310(2.02%) |
Mkt cap ! $43.23B | |||
| Open | High | Low | Value | Volume |
| $115.31 | $118.48 | $114.83 | $158.6M | 1.359M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 225 | $116.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $116.58 | 1000 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| RIO (ASX) Chart |