RIO 1.13% $122.87 rio tinto limited

exercising rights

  1. 1,531 Posts.
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    I have a question. Do we get 21 rights to every 40 existing shares, or 21 shares for every 40 shares. If rights then we need to exercise prior to 1/7/09. If so whats the cost of exercising. Is it the cost of the heads less the rights @ $28.29, on the date of purchase? This is probably basic stuff for everyone out there, but I need to be sure of where I stand.
    Thanks Rider
 
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