Rio Tinto Shares

In by Matt Di MiccoLeave a Comment

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Matt Di Micco

P194 of 2019 annual report says there are 1,259bn shares, but if you multiply that by $105 you get market cap $132bn or so. But if you look up market cap of Rio Tinto it is 38.66bn according to ASX, where it also states there are 371m shares. Can you help, which is right?
Matt