RHK 0.00% 86.0¢ red hawk mining limited

rio will not bid!

  1. 1,489 Posts.
    lightbulb Created with Sketch. 2
    With RIO's recent announcement today that they are going to spend $2.7 Billion Dollars expanding their exisitng WA Iron Ore mines with the view to increased demand mainly from China in the future. You would think that this announcement confirms that RIO is off the table with regard to a FMS suitor. Most people on this forum speculated that RIO was the most likely to make a counter bid, I am not sure who the next option is. Personally after hearing that announcement from RIO I think FMS are a certainty subject to FIRB approval of being sold to the Russians.
 
watchlist Created with Sketch. Add RHK (ASX) to my watchlist
(20min delay)
Last
86.0¢
Change
0.000(0.00%)
Mkt cap ! $171.8M
Open High Low Value Volume
86.0¢ 86.0¢ 86.0¢ $148 172

Buyers (Bids)

No. Vol. Price($)
2 4542 80.0¢
 

Sellers (Offers)

Price($) Vol. No.
86.5¢ 8954 1
View Market Depth
Last trade - 10.07am 19/07/2024 (20 minute delay) ?
RHK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.