re: strong profit on metals Instos drive the share price.
They want a capital management announcement. If they get one, price is likely to rise, other things being equal.
The on-market share buyback that RIO has been doing on the LSE was viewed favourably by the market. This was one of the factors for RIO outperforming BHP during the past 6 months.
results and impact on bhp, page-54
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Last
$123.68 |
Change
-2.360(1.87%) |
Mkt cap ! $45.91B | |||
| Open | High | Low | Value | Volume |
| $124.03 | $124.31 | $121.86 | $320.7M | 2.615M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3082 | $123.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $123.76 | 3044 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| RIO (ASX) Chart |