jase
The market always prices these things correctly unless it's an amateur's market. You pay around $30 to buy a right, then pay another $28.29 to exercise that right to buy a share. So the price of a full share is around $58, which is also around the price of a full share right now.
The only way the shares fall sub $40 from current $58 levels in the short term is if some lunatic blows up all their iron ore mines, or world war 3 begins, or we enter a Great Depression.
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Last
$107.02 |
Change
-0.070(0.07%) |
Mkt cap ! $39.72B |
Open | High | Low | Value | Volume |
$107.15 | $107.89 | $106.21 | $142.5M | 1.322M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 112 | $107.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$107.02 | 6294 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 112 | 107.000 |
1 | 749 | 106.610 |
2 | 40 | 106.500 |
8 | 41778 | 106.450 |
2 | 209 | 106.400 |
Price($) | Vol. | No. |
---|---|---|
107.050 | 3519 | 1 |
107.100 | 3867 | 1 |
107.140 | 3519 | 1 |
107.150 | 269 | 1 |
107.200 | 1000 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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RIO (ASX) Chart |