RIO 0.30% $116.46 rio tinto limited

Well, heres what we all need to work out: What will RIO be...

  1. 1,594 Posts.
    lightbulb Created with Sketch. 10
    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
 
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