it’s nothing to do with that, that’s merely a 31 December balance date as opposed to 30 June like most the ASX and BHP.
iron ore price will send this stock up or down like lead more than BHP. Its earnings more heavily concentrated to iron ore and a little lower grade overall than BHP. Plus higher cost.
Ann: Rio Tinto releases second quarter production results, page-14
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Last
$127.45 |
Change
4.230(3.43%) |
Mkt cap ! $47.31B | |||
| Open | High | Low | Value | Volume |
| $126.25 | $127.95 | $125.00 | $303.5M | 2.401M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1052 | $127.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $127.49 | 3457 | 2 |
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| RIO (ASX) Chart |