It wont drop below a 6 percent div yield nor its NPV valued of discounted future cash flows. Given its in the bottom quartile hard to see it ever sinking below $2.50 in the most bearish sentiment. Around $2.50 Rio Tinto would come in with a takeover. imho.
Good News & Bad News, page-43551
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Last
$2.92 |
Change
0.070(2.46%) |
Mkt cap ! $8.793B | |||
| Open | High | Low | Value | Volume |
| $2.90 | $2.97 | $2.87 | $100.5M | 34.43M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 490422 | $2.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.93 | 56326 | 3 |
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| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |