So, as I see it,
If you buy in today, say 20k of RIO shares at $74, you would reiceive 270 shares, and then be offer a rights issue of 135 shares at $28. An average puchase price of around $59 dollars.
So, surely, when the RIO shares are ex-rights, they will drop to this price.
Why wouldnt I just buy in then....???? surely
So, as I see it,If you buy in today, say 20k of RIO shares at...
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Last
$122.87 |
Change
-1.400(1.13%) |
Mkt cap ! $45.61B | |||
| Open | High | Low | Value | Volume |
| $124.20 | $124.43 | $122.59 | $98.41M | 797.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3102 | $122.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $122.88 | 435 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |