I would find it hard to believe that BHP would mount another bid for Rio in this current climate. As has allready been mentioned numerous times BHP are sitting in a very commanding position amongst their peers. Having untill recently been in the position for the RIO takeover that tells me that they are currently cashed up and ready to take advantage of the firesale opportunities that are no doubt comming their way.
It would be a serious missjudgement to think that an industry leading company like BHP would put themselves in the position to be accused of failure to disclose to the ASX so the forthcomming reports IMHO will not dissapoint the holders.
Good luck to all longs.
MDP
bhp may renew bid for rio - ubs says, page-4
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Last
$40.90 |
Change
-0.730(1.75%) |
Mkt cap ! $207.5B | |||
| Open | High | Low | Value | Volume |
| $40.75 | $41.70 | $40.66 | $401.8M | 9.823M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15866 | $40.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.90 | 9149 | 2 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| BHP (ASX) Chart |