RIN rinker group limited

HiCan anyone explain why RIN is so high?If the price received is...

  1. 83 Posts.
    Hi
    Can anyone explain why RIN is so high?

    If the price received is only US$15.85
    that converts to AU$18.48.

    At present it is AU$18.98 - ie a 50c premium.

    The only arguement I can see is that buyers think the US$ will go up considerably in the next 2 weeks before the offer closes.?

    Is there any other reason??

    perplexed
    paul
 
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