I agree that RIO overpaid. I suppose BHP could sweeten its offer with a little cash but I dont think they would do anything like make it a 4-1 share offer. Imo, once RIO retraces to 115-120 and BHP holds around 45 then 3 for 1 looks quite okay for RIO shareholders. BHP may then, early in jan/feb, add a cash sweetener of maybe 5-10/share.
so how did mr market n analysts get it so wron, page-21
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Last
$121.37 |
Change
1.790(1.50%) |
Mkt cap ! $45.06B | |||
| Open | High | Low | Value | Volume |
| $120.30 | $123.78 | $119.52 | $103.4M | 853.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19 | $121.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $121.38 | 178 | 6 |
View Market Depth
| Last trade - 13.48pm 14/10/2024 (20 minute delay) ? |
| RIO (ASX) Chart |