All in all, it's great to see the proverbial has finally hit the fan and with Albanese's M&A obsessions now behind us, perhaps we'll see some real concentration on shareholder value.
Both RIO and BHP are going to have to return money to s/holders as divs instead of playing monopoly with the BIG profits. Leaving all that cash in treasury is like giving a drunk a nice crisp 100. They'll find somewhere to spend it.
BHP will prolly drop today too. I don't own either because I just don't trust them.
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$112.82 |
Change
2.410(2.18%) |
Mkt cap ! $41.58B |
Open | High | Low | Value | Volume |
$111.86 | $112.85 | $111.37 | $35.03M | 311.0K |
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4 | 58 | 112.400 |
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3 | 79 | 112.380 |
5 | 128 | 112.360 |
Price($) | Vol. | No. |
---|---|---|
112.450 | 41 | 3 |
112.460 | 79 | 3 |
112.480 | 127 | 6 |
112.490 | 56 | 4 |
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