flyman
it is simple buy and settle before record date and you are entitled,
you then will recieve a right in the ratio of 21-40 these look like they are tradable(ie listed) on market, you then can either exercise the right or sell it. The info from rio has not elaborated on how the rights will be traded only said they will be, normally traded on respective markets under a code like"RIOR"
DYOR
every 40 entiltled to 21 shares @ 28 right?, page-14
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Last
$111.55 |
Change
1.560(1.42%) |
Mkt cap ! $41.40B | |||
| Open | High | Low | Value | Volume |
| $110.18 | $112.30 | $110.16 | $202.9M | 1.815M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 952 | $111.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $111.57 | 10 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| RIO (ASX) Chart |