Possibly, but also unusual for a company to not choose to up their initial offer. But I suppose they have done so once already.
Difficult to say at this stage. Conspiracy theory suggests that it was a market kick start to prevent a fall to the 200dma.
so how did mr market n analysts get it so wron, page-19
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Last
$121.50 |
Change
1.920(1.61%) |
Mkt cap ! $44.76B | |||
| Open | High | Low | Value | Volume |
| $120.30 | $123.78 | $119.52 | $89.10M | 735.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40 | $121.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $121.51 | 2 | 1 |
View Market Depth
| Last trade - 13.00pm 14/10/2024 (20 minute delay) ? |
| RIO (ASX) Chart |