RIO 0.44% $115.70 rio tinto limited

black wednesday..., page-17

  1. 11,704 Posts.
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    On Friday RIO down 0.4% - BHP up 6.8%.

    It is obvious insiders were onto this before it was announced. The timing of the announcement is also suspect. Shorting of RIO just became available again on most brokers.

    I wonder how may BHP staffers and their mates have got a nice winfall from this insider info while others were buying thinking that the takeover offer was still on.

    Should be investigated.
 
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