I thing practicingaccount may have it right. In an earlier thread he poste:
By close of business on 11 th June you have to be on the shareholders register (record date).
On 17th the shares will trade ex-rights so you can sell your shares and still be eligible for the shares at $28 a pop.
Correct?
Please let me know if this is wrong because if it is, I will buy big time. Perhaps the sp stability tells us that buying now won't work cause if you could still get on board, then wouldn't the sp be a lot higher?
every 40 entiltled to 21 shares @ 28 right?, page-15
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Last
$123.31 |
Change
1.650(1.36%) |
Mkt cap ! $45.77B | |||
| Open | High | Low | Value | Volume |
| $123.90 | $124.47 | $122.50 | $208.3M | 1.686M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1271 | $123.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $123.35 | 786 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RIO (ASX) Chart |