RIO 1.87% $123.68 rio tinto limited

the more i read, the more i worry, page-131

  1. 4,326 Posts.
    "dont talk about crocks buddy

    a hell of a lot of people bought $500 worth of shares in hope that they could buy more than entitlements"


    Kenneth Galbraith this is not an SPP. I don't very much that a hell of alot of people bought $500 worth of shares, that scenario relates to an SPP not a rights issue!

    infact $500 worth of shares at say $70 would have netted you nothing, thats right nothing, you would have purchased 7 shares, you need atleast 40 to take part in the rights issue which is 21 for 40
 
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