With RIO down around 40% in London it looks like a Black Wednesday for RIO shareholders here.
It's hard to believe that in May RIO traded at $157.45 and today it closed at $63.90 with the possibility of a 40% smashing - a fall of over $20 - in prospect for Wednesday.
A 75% decline for a blue chip resource stock in just 6 months? It's hard to believe, isn't it?
Just imagine what might happen to all those leveraged RIO investors facing margin calls?
This market has sure been ugly. Commiserations to investors in RIO.
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Last
$119.62 |
Change
0.250(0.21%) |
Mkt cap ! $44.40B |
Open | High | Low | Value | Volume |
$120.37 | $120.90 | $119.16 | $164.1M | 1.362M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200 | $119.60 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$119.86 | 100 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 66 | 123.840 |
1 | 1 | 120.500 |
1 | 11 | 120.440 |
1 | 3600 | 120.240 |
1 | 1000 | 120.230 |
Price($) | Vol. | No. |
---|---|---|
113.640 | 526 | 3 |
116.040 | 28 | 2 |
116.640 | 23 | 1 |
117.800 | 89 | 2 |
118.240 | 201 | 3 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
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RIO (ASX) Chart |