I feel the deal won't go ahead in it's current form. The reason Swan gave for blocking OZL would have been obvious early on, and an extension for the FIRB wouldn't have been needed.
I'm not sure what reason will be given, but there have been reports lately that RIO can fund it's debt and capital need through cash flow and capital raisings
australia likely to ok chinalco deal , page-3
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Last
$120.25 |
Change
0.580(0.48%) |
Mkt cap ! $44.63B | |||
| Open | High | Low | Value | Volume |
| $120.56 | $120.66 | $119.34 | $383.1M | 3.157M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2871 | $120.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $120.25 | 18 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| RIO (ASX) Chart |