as I said at the top of the thread... absolute bollox. There really is a lot of nonsense talked by clueless people on here. BHP (and any other party interested in RIO) really need a scheme of arrangement due to RIO's dual listing and complicated corporate structure. A scheme will only occur with board approval and, given RIO has thus far refused to engage BHP, this will take some time. The most likely result - following on from RIO envoking the UKs put up or shut up defence - is that BHP won't make a bid in excess of the 3:1 and walk away for six months while those hedgies and instos long RIO pressure RIO to engage meaningfully with BHP. Kloppers doesn't 'need' this deal anymore than RIO do: it is simply a great option to extract massive synergy benefits that will be lost to both sets of shareholders if it doesn't go ahead.
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Last
$127.45 |
Change
4.230(3.43%) |
Mkt cap ! $47.31B |
Open | High | Low | Value | Volume |
$126.25 | $127.95 | $125.00 | $303.5M | 2.401M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1052 | $127.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$127.49 | 3457 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 215 | 126.000 |
1 | 150 | 125.300 |
5 | 915 | 125.000 |
1 | 400 | 124.110 |
1 | 1 | 124.000 |
Price($) | Vol. | No. |
---|---|---|
127.500 | 50 | 1 |
127.550 | 44 | 1 |
127.650 | 514 | 2 |
127.670 | 1700 | 1 |
127.700 | 970 | 2 |
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