After reading that article by Michael Pascoe in the SMH can I just say he has no idea, none what so ever.
Tell me Michael how can a bargain basement sell off of Tier 1 assets to the Chinese be a best interest of shareholders when BHP were offering 3.4 shares at $50 a share. Please explain that to me. Did someone make a big boo boo to put shareholder in this mess?
Look a bit deeper Michael, you'll find that the problem lies with MANAGEMENT not with the Chinese.
tell swan what u think, page-62
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Last
$119.00 |
Change
-2.540(2.09%) |
Mkt cap ! $44.17B | |||
| Open | High | Low | Value | Volume |
| $120.56 | $120.69 | $119.00 | $216.2M | 1.800M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 130 | $118.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $119.13 | 1255 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RIO (ASX) Chart |