KG, to answer your points:
1) This only affects you if you sell - if someone else sells before the record date, it does not affect the total number of rights on offer and has no effect on the value of your shareholding or your rights. If you do not sell, this does not affect the number of rights you get, the total number of rights issued or the amount raised. at. all.
2) This is because Rio is a dual-listed company, so they must do the same offer to those in Aus as in the UK. The UK regulator does not allow acclerated offers, therefore they cannot do an accelerated structure where shareholders can apply for more than their entitlement. Even if rio wanted to allow this, their hands are tied by the FSA
the more i read, the more i worry, page-121
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$122.87 |
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Mkt cap ! $45.61B | |||
| Open | High | Low | Value | Volume |
| $124.20 | $124.43 | $122.59 | $98.41M | 797.6K |
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| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3102 | $122.70 |
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| Price($) | Vol. | No. |
|---|---|---|
| $122.88 | 435 | 1 |
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