RIO 2.53% $116.81 rio tinto limited

$70, page-65

  1. 5,242 Posts.
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    If it works then keep with it

    Appears I was completely wrong on RIO at this point in time. Wouldn’t have sold if it went back to $87 anyway. Purely holding for income and growth in the future. I like the new BHP/RIO strategies of shareholder returns over poorly timed expensive acquisitions!!!

    Utterly smashed today. And agree re FMG, wouldn’t touch it with the grade issue and discounts. Mining is a tier 1 game.
 
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$118.00 $119.01 $116.70 $199.0M 1.698M

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