All in all, it's great to see the proverbial has finally hit the fan and with Albanese's M&A obsessions now behind us, perhaps we'll see some real concentration on shareholder value.
Both RIO and BHP are going to have to return money to s/holders as divs instead of playing monopoly with the BIG profits. Leaving all that cash in treasury is like giving a drunk a nice crisp 100. They'll find somewhere to spend it.
BHP will prolly drop today too. I don't own either because I just don't trust them.
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$111.67 |
Change
1.260(1.14%) |
Mkt cap ! $40.98B |
Open | High | Low | Value | Volume |
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6 | 104 | 111.760 |
4 | 86 | 111.750 |
2 | 52 | 111.740 |
2 | 41 | 111.730 |
2 | 205 | 111.720 |
Price($) | Vol. | No. |
---|---|---|
111.800 | 34 | 2 |
111.810 | 3 | 2 |
111.830 | 20 | 2 |
111.850 | 25 | 1 |
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