75% is all they need with RIO on board. Very hard for the chinese to buy a 25% blocking of RIO without pushing the price very, very high. If that is what they want to do then they would be better off putting the cash into FMG and MMX/MIS and ensuring a supply line that way.
takeover dead in the water, page-12
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Last
$117.62 |
Change
-1.010(0.85%) |
Mkt cap ! $43.66B | |||
| Open | High | Low | Value | Volume |
| $117.51 | $118.73 | $117.02 | $240.5M | 2.075M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 681 | $117.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $117.93 | 3187 | 2 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| RIO (ASX) Chart |