The company that's doing the takeover has to pay a premium to get control of the target. So in this case RIO will go up, and BHP will go down, in the short term. Over time, BHP will come back and should go to new highs
bhp how cheap , page-13
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Last
$40.95 |
Change
0.070(0.17%) |
Mkt cap ! $209.0B | |||
| Open | High | Low | Value | Volume |
| $41.13 | $41.24 | $40.90 | $117.0M | 2.849M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1135 | $40.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.96 | 7352 | 14 |
View Market Depth
| Last trade - 12.40pm 22/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |