Sam just a $9Mill pay rise. From a $3Bill loss to a $3bill profit. Iron ore just hit $107 and copper bounced. Rio bounced 1% in the US on Friday. Time to buy. Range up to $65 in the next 2 weeks if not sooner? Their Contracts are good and they have a low $ per tonne recovery out of the ground lower than any other producer. The report is that Chian will do another stimulus.
maybe a slighter brighter future than the last month.
and don't discount a takeover bid??
recovery
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Last
$113.81 |
Change
-0.640(0.56%) |
Mkt cap ! $42.24B | |||
| Open | High | Low | Value | Volume |
| $114.59 | $114.83 | $113.58 | $112.7M | 987.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $113.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $113.81 | 6368 | 1 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |