Hi Slaveman,
Although RIO doesn't directly benefit from and increase in the oil price. I think that oil has a tenancy to along the price of other resources too. So I think that RIO will not be a stock to short just because oil is on the rise.
rio seals china ore contract ... must read, page-5
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Last
$115.87 |
Change
-0.040(0.03%) |
Mkt cap ! $43.01B | |||
| Open | High | Low | Value | Volume |
| $117.00 | $117.55 | $115.65 | $140.9M | 1.208M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12000 | $115.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $116.08 | 195 | 4 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |