Will Rio act before Nov 28 ? What are the chances of this happing ?
By exercising of the extension rights, Rio Tinto continues to have the right to appoint:
- one director of the Company, if Rio Tinto’s ownership increases to at least 12.5% before November 28, 2023.
(Buy more shares in the market) I think it's slim to none right now ! Only 3 Mo to go to Nov 28 .
M2