Agree with most of the comments that have been posted here already today.
Issue is excellent for non-holders looking to take advantage of a cheap entry now.
Theoretically, SP should fall be value of rights on morning of ex-entitlement. But in practice, its likely to list at a premium to this theoretical value.
Mngmt could have priced it at a 15-for-40 or thereabouts and still got the capital imo.
Good entry re-16th.
16th is final date to buy CUM-RIGHTS.
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 (20min delay)
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Last
$110.57 |
Change
0.290(0.26%) |
Mkt cap ! $40.93B | |||
| Open | High | Low | Value | Volume |
| $110.00 | $110.57 | $109.50 | $17.25M | 156.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 274 | $110.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $110.67 | 84 | 4 |
View Market Depth
| Last trade - 10.35am 16/07/2025 (20 minute delay) ? |
| RIO (ASX) Chart |