RIO's been quite strong recently, but it looks like the resource boom is fading, the dollar is strengthening and their fundamental P.E. ratio is getting stretched.
I'm backing RIO to lose another $1 (to $32) before the end of the month. Any other calls?
Cheers
looks like it's going to drop
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Last
$119.87 |
Change
1.630(1.38%) |
Mkt cap ! $44.49B | |||
| Open | High | Low | Value | Volume |
| $118.30 | $120.06 | $118.10 | $165.9M | 1.390M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $119.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $119.90 | 7089 | 1 |
View Market Depth
| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| RIO (ASX) Chart |