Rofl Mike, I'll bet you my house on that.
$30 tankage on BHP's pull? Bullshit. Rio is already trading at $11 of BHP's implied 3.4 bid.
Rio has more than enough cashflow to pay off Alcan comfortably. That thing is a money making machine with low power costs and Rio got it when Aluminum was $10,000/lb, its now nearly $13,000 and went as high as $15,000 not too long ago.
Rio can afford to raise its dividends and don't forget Albanese has said it is going to give a 20% boost to fend off BHP.
dividends, page-3
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RIO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$110.45 |
Change
2.045(1.89%) |
Mkt cap ! $40.99B | |||
| Open | High | Low | Value | Volume |
| $110.42 | $111.63 | $109.76 | $184.2M | 1.617M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 235 | $110.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $110.45 | 283 | 9 |
View Market Depth
| Last trade - 13.34pm 16/08/2024 (20 minute delay) ? |
| RIO (ASX) Chart |