Why would a rights issue be any more dilutive on the share price than Chinalco buying the same amount in the company? Seems to me the share price should not decline below what it was when the Chinalco bid was still the go.
Why would a rights issue be any more dilutive on the share price...
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Last
$119.46 |
Change
-1.990(1.64%) |
Mkt cap ! $45.08B | |||
| Open | High | Low | Value | Volume |
| $120.30 | $120.30 | $119.46 | $13.37M | 111.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 48 | $119.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $119.46 | 403 | 18 |
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| Last trade - 10.45am 26/06/2024 (20 minute delay) ? |
| RIO (ASX) Chart |