Gee, I'd encourage everyone here to read the AFR article on Rio's appetite for an acquisition. Couple of key points:
- unlikely to be in the order of tens of $B's
- something embryonic (advanced development) that could leverage Rio's technical know-how
- chances are it's going to be in the americas and a name that is not well-known
- very similar to Rincon positioning
A lot of boxes being ticked here.
As a discussion starter: what do we consider correct weight ($ wise) for this point in our life cycle?
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Last
14.5¢ |
Change
0.010(7.41%) |
Mkt cap ! $153.3M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 13.5¢ | $553.0K | 3.942M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 198382 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 359655 | 7 |
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| Last trade - 16.10pm 16/09/2025 (20 minute delay) ? |
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