flip a coin, seriously.
The concensus is that RIO could really use WMR's assets as its Ranger mine is running out of uranium plus RIO does not have nickel in its portfolio.
Whether it will bid by itself or joint with someone else or not at all is anybodies guess.
The high volume in WMR lately suggests someone else but hedge funds are buying, maybe someone building stake.
Time will tell. In a few weeks we'll know
wmc bid, page-2
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Last
$41.63 |
Change
-1.770(4.08%) |
Mkt cap ! $211.2B | |||
| Open | High | Low | Value | Volume |
| $42.00 | $42.20 | $41.58 | $447.3M | 10.70M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1239 | $41.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.63 | 14534 | 2 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| BHP (ASX) Chart |