Danbradster,
you said "It is funny though that copper fell ~25% with no significant change in the fundamentals."
It could equally be said that the copper price rose 25% on no significant change in fundamentals.
....and the market was just correcting this. A lot of metal price changes are speculative and too forward-thinking.
BHP has a large oil operation so its sp has a broader base on which to stand.
anyone knows why rio is down so much, page-8
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RIO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$111.02 |
Change
0.290(0.26%) |
Mkt cap ! $41.21B | |||
| Open | High | Low | Value | Volume |
| $110.31 | $111.67 | $110.06 | $107.5M | 971.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 123 | $111.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $111.03 | 3394 | 2 |
View Market Depth
| Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
| RIO (ASX) Chart |