I dn't understand why people think that the rights issue won't have the same effect on RIO to what it has with every single other company.
Rule of thumb with rights issues are that 99% of the time the share price will fall to the price of the rights issue.
Beats me that people keep on asking why the drop????
why the big drop?, page-76
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Last
$115.91 |
Change
3.100(2.75%) |
Mkt cap ! $43.02B | |||
| Open | High | Low | Value | Volume |
| $115.01 | $116.42 | $114.93 | $184.0M | 1.577M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 34 | $115.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $116.20 | 200 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |