because the majority of the stock is listed on the FTSE (UK). It’s dual listed. Its shares on issue for both ASX and FTSE is circa 1.6bn, however only around 330m odd (by memory) are on the ASX. So the real market cap is around $180bn AUD. however the index weighting on the ASX is only around circa 40bn given the bulk of the shares are listed in the UK. BHP use to be 50/50 listed here and UK until they unified all to the ASX last year.
Youll find the UK shares trade cheaper simply due to franking credits can’t be used too.
because the majority of the stock is listed on the FTSE (UK)....
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Last
$109.82 |
Change
-0.270(0.25%) |
Mkt cap ! $40.76B | |||
| Open | High | Low | Value | Volume |
| $110.10 | $110.30 | $109.10 | $96.30M | 876.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 429 | $109.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $109.85 | 200 | 1 |
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| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| RIO (ASX) Chart |