RIO 1.87% $123.68 rio tinto limited

question, page-13

  1. 11,214 Posts.
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    JArecki - the RIOR are purely rights. You need to read your RIO rights issue documentation. However they are priced on the basis that you need to pay $28 and a bit to get RIO ords. The market is willing to buy them for a price about $28 less than what RIO ords are selling for. Every RIO holder on the given date got them free of charge.
 
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