Hi dynofishMy take of the Corporations Act is that RIO must give...

Hi dynofish

My take of the Corporations Act is that RIO must give a substantial shareholder notice when their holding changes by more than 1% during the takeover period and must do so within 1 business day.

There is also a link to general advice on takeovers on the the ASIC FIDO website.

http://www.asic.gov.au/fido/fido.nsf/byheadline/takeovers+info+for+shareholders?opendocument.

My oipinion only. Please do your own research.