RIO 0.18% $106.83 rio tinto limited

Ann: Rio Tinto Alcan sale of stake in Ningxia alu, page-5

  1. 1,000 Posts.
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    re: Ann: Rio Tinto Alcan sale of stake in Nin... The big gain today was probably a bit overdone but I will take it. The sale may have been viewed by some as a relief that there still are options of asset sales at reasonable prices in the curent climate. RIO probably needs a few more of these to calm the market about their debt position.

    Also resources prices had a couple reasonable days and the ASX was oversold on Friday which all helped in todays gains.

    Just my opinions however - DYOR

    SLE
 
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