I think GDP figures will be lower than what economists had expected. That's pretty much what Rio's CEO said last week and RIO's economists IMHO have a better grounding of reality than the average economist. Rio guys are usually quite considered in their analysis.
But then again with the $11.50 per share drop in RIO's share price following that simple comment I think it's already been factored into the share price to some degree
possibly under 50 dollars next week, page-12
Add RIO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$112.40 |
Change
1.990(1.80%) |
Mkt cap ! $41.58B | |||
| Open | High | Low | Value | Volume |
| $111.86 | $112.80 | $111.37 | $31.33M | 278.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10 | $112.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $112.41 | 1 | 1 |
View Market Depth
| Last trade - 11.02am 13/09/2024 (20 minute delay) ? |
| RIO (ASX) Chart |