i have no interest in RIO, except from a pure M&A analysis perspective.
whatever has happened is irrelevant to what is happening now....... this bid by Chinalco should be supported by the shareholders because it will almost certainly bring a higher bid from BHP!!
BHP will make a bid, no question. If the shareholders vote this down BHP will pick it up at a lower price..... if you approve this, BHP will pick it up at a higher price, not quite the merger one, but higher than what Chinalco is offering..... and who knows, it might cause a bidding war, if ur lucky.
but for all this to eventuate, you MUST support the Chinalco bid, because one way or the other, BHP will get RIO!
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Last
$105.68 |
Change
-2.440(2.26%) |
Mkt cap ! $39.23B |
Open | High | Low | Value | Volume |
$106.15 | $106.52 | $105.11 | $126.1M | 1.191M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 969 | $105.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$105.75 | 2330 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 969 | 105.660 |
1 | 9 | 105.650 |
1 | 713 | 105.560 |
1 | 2200 | 105.550 |
9 | 754 | 105.500 |
Price($) | Vol. | No. |
---|---|---|
105.750 | 2330 | 3 |
105.860 | 296 | 1 |
105.870 | 210 | 2 |
105.910 | 2505 | 1 |
106.020 | 96 | 1 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
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RIO (ASX) Chart |