petrmikel
Buy while the herd are selling, the momentum will swing.
RIO 75% down from its high, how low have the metal prices dropped?
Dont have to capital raise.....its all just more dribble at this point.
Spot ore price rose 70% this year alone.
Was RIO a dog box in 07 ?
Short sightedness is an easy herd mentality option to take for shorters but rarely lasts past a coupla weeks.
Rebound wont be far off....perhaps in the next 48 hours imo.
XJO has turn all over it.
Other markets will be stronger imo over next few sessions.
$32.08 at the time of posting....lets see.
A positive holder.
bottom found, page-7
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Last
$112.43 |
Change
-2.990(2.59%) |
Mkt cap ! $41.73B | |||
| Open | High | Low | Value | Volume |
| $115.93 | $116.04 | $112.13 | $184.0M | 1.622M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 3122 | $112.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $112.44 | 2200 | 1 |
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| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| RIO (ASX) Chart |