Well, heres what we all need to work out:
What will RIO be tommorow when it trades ex-rights on the ASX:
I say, it has to be $58 or there abouts. Is there any reason why it wouldn't be 58-60, it can't be higher, as it has no rights to purchase additional cheap shares, so surely it must represent the difference between the two price (at 1:2).
What does everyone thing, that sound about right....
My guess: end of tommorow: $58 RIO
rio share price tommorow guess:
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 (20min delay)
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Last
$109.99 |
Change
-0.900(0.81%) |
Mkt cap ! $40.83B | |||
| Open | High | Low | Value | Volume |
| $110.20 | $110.97 | $109.98 | $142.1M | 1.288M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3532 | $109.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $110.00 | 2500 | 1 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| RIO (ASX) Chart |