as all of the super funds in australia would most likely hold a fairly weighty portion of bhp and rio in their portfolio, wouldn't this mean that these changes have just been a bit of churn?
the foreign 'ownership' of the two big boys allows all of us to leverage our super more strongly to achieve the 'super profits' which come back to our super account as a divvy
so now, we have larger pool of national super, which may not be leveraged as successfully delivering us lower returns
40% super tax, page-34
-
- There are more pages in this discussion • 13 more messages 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
$121.33 |
Change
2.020(1.69%) |
Mkt cap ! $45.03B | |||
| Open | High | Low | Value | Volume |
| $118.69 | $121.55 | $118.37 | $111.5M | 926.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2612 | $121.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $121.42 | 886 | 1 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| RIO (ASX) Chart |