RIO 0.51% $119.82 rio tinto limited

strong rumours re: wmc

  1. 2,961 Posts.
    London - very strong rumours on Rio and INCO launching a script + Cash bid for WMC - then having an Asset Auction - Rio to corner Uranium and WMC copper - the rest to be sold to pay for the cash component - bid value around $8.00

    Rio up 1% in UK - but off 8% since Feb - Rio on technical analysis worth $52

    - Watch it today - ( cheap at these prices.)

    singas

    - not investment advice - read the red - I hold RIO
 
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