Holding Rio seems at a 30% plus premium to the pre-offer price seems like a very high risk strategy to me.
On the other hand BHP is sill around the same price. Would BHP go up 30% to 40% if Rio made a bid for it?
Anyway, I sold all of my RIO at around $139 and put the proceeds back into BHP.
Cheers
Nix
cut rio loose and let them drift, page-7
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Last
$40.88 |
Change
0.630(1.57%) |
Mkt cap ! $207.3B | |||
| Open | High | Low | Value | Volume |
| $39.90 | $40.90 | $39.83 | $380.0M | 9.386M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5000 | $40.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.88 | 15880 | 2 |
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| Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |