It's gonna get smacked as hedge funds unwind long positions they took because of the price differential with the BHP bid.
Also, RIO will need to do a capital raising as the assets sales they anticpated happening will now not happen.
a low today of $39 is my guess but will finish around $45.
stop this doom and gloom, page-6
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Last
$111.55 |
Change
1.560(1.42%) |
Mkt cap ! $41.40B | |||
| Open | High | Low | Value | Volume |
| $110.18 | $112.30 | $110.16 | $202.9M | 1.815M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 952 | $111.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $111.57 | 10 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| RIO (ASX) Chart |