return of capital a possibility? Just a thought as this leviathon of the mining world (3rd largest in the world) is massively cashed up after a string of highly profitable asset sales. RIO's gearing is a very healthy 36% and with commodity prices sky high so to will be its profits. RIO's last quarterly result showed that it was firing on all cylinders across all of its major profits.
That said ... it would not surprise if some sort of return of capital was forthcoming.
It's next report should be a beauty.
remmy , astoria, kman, acouch help please, page-7
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Last
$107.02 |
Change
-0.070(0.07%) |
Mkt cap ! $39.72B | |||
| Open | High | Low | Value | Volume |
| $107.15 | $107.89 | $106.21 | $142.5M | 1.322M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 112 | $107.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $107.02 | 6294 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| RIO (ASX) Chart |