that isn't how I intended to write it.
For clarity, I don't expect the share price rise to influence RIo's exercising of their 5%, The graphite and environment social issues I do, but those maing progress I expect to see a SP increase. Whether it does or not the progress should see RIO exercising which is the additional confirmation we need imo.
Waiting for RIO means losng out on the margin of safety the current SP offers over RIO's investment. That said Rio's investment is pocket change for them.
Ann: Rio to Invest $40.4m to Become a 15% Strategic Investor, page-101
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65.5¢ |
Change
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Mkt cap ! $391.3M | |||
| Open | High | Low | Value | Volume |
| 63.5¢ | 66.5¢ | 63.5¢ | $165.8K | 253.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3599 | 65.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 67.0¢ | 10000 | 1 |
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