RIO 0.79% $118.75 rio tinto limited

profit taking, page-3

  1. 283 Posts.
    Yes I notice that CSL and WOW are up and RIO is down but that is only today. Remember the trend is your friend and IMO you cannot confirm a trend with one days data.

    RIO is a strong company and IMO is still a 'safe' investment, reduction of debt is quite attractive, remember this was BHP's main reason for calling off the offer. Correct me if I'm wrong but I think BHP will once again be able to make a bid for RIO sometime in NOV this year!
 
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