Maybe they have to discount the rights offer here by so much because of the price disparity between RIO.asx and RIO.lse?
This price disparity has been exacerbated by the rising AUD.
The whole thing is very confusing!
rights issue, page-34
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Last
$109.99 |
Change
-0.900(0.81%) |
Mkt cap ! $40.83B | |||
| Open | High | Low | Value | Volume |
| $110.20 | $110.97 | $109.98 | $142.1M | 1.288M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3532 | $109.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $110.00 | 2500 | 1 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| RIO (ASX) Chart |