Rio Tinto managed to lose 34.26% today, more than one third wiped off its value.
The interesting thing is that a similar sounding security - REO, also dropped 30%. It seems that anything that even sounded like Rio Tinto was hammered today...but REO dropped from 1c to 0.7c - RIO fell from $63.90 to $42.01, the volume (RIO) was 18 million shares worth $785 million, for REO it was 800,000 shares and a total value of $5,600.
But REO could shoot up by 30% tomorrow, for RIO, that isn't going to happen :)
Robert
you say rio, i say reo
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Last
$123.88 |
Change
2.215(1.82%) |
Mkt cap ! $45.92B | |||
| Open | High | Low | Value | Volume |
| $123.90 | $124.47 | $122.50 | $76.90M | 623.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8 | $123.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $123.88 | 12 | 1 |
View Market Depth
| Last trade - 12.44pm 08/11/2024 (20 minute delay) ? |
| RIO (ASX) Chart |