The share price follows the market value of the company, not the rights issue. An extreme example but if BHP did a 1 for 100 rights issue at 50c a share, it's obviously not going to fall to 50c. The only reason the RIOR and RIO are falling is because the market value of the company is falling.
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RIO
rio tinto limited
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0.24%
!
$109.06

why the big drop?, page-7
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Last
$109.06 |
Change
0.260(0.24%) |
Mkt cap ! $40.38B |
Open | High | Low | Value | Volume |
$108.72 | $109.29 | $108.36 | $8.492M | 78K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 165 | $109.03 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$109.09 | 32 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 141 | 108.850 |
4 | 58 | 108.840 |
5 | 151 | 108.830 |
5 | 119 | 108.820 |
3 | 125 | 108.810 |
Price($) | Vol. | No. |
---|---|---|
108.880 | 89 | 4 |
108.900 | 87 | 2 |
108.910 | 110 | 2 |
108.920 | 143 | 4 |
108.930 | 259 | 4 |
Last trade - 10.32am 07/07/2025 (20 minute delay) ? |
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RIO (ASX) Chart |
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NUZ
NEURIZON THERAPEUTICS LIMITED
Dr Michael Thurn, CEO & MD
Dr Michael Thurn
CEO & MD
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