RIO rio tinto limited

why the big drop?, page-14

  1. 12,639 Posts.
    >The rights issue is 21 rights for 40 main shares. eg not 1:1


    21% of 40 = 52.5% so a 52.5% dilution looks to be potentially on the cards depending on whether or not 100% of people decide to take up the rights offer which is never the case.

    You decide.
 
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