IMO, it must be the Rio's broad having a frenzy buying its shares. They rejected the bhp bid @$170 because they were adamant it grossly undervalued rio and now @$44, they must be mortgaging all their possessions to bag this "bargain of the century". Did the rio broad declare how much they spent fighting off the bid? If bhp spent US$450m on this failed bid then the amount for rio spent must also be enormous.
about to rally into close .., page-16
Add RIO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$120.60 |
Change
0.700(0.58%) |
Mkt cap ! $44.76B | |||
| Open | High | Low | Value | Volume |
| $121.07 | $121.95 | $120.46 | $118.6M | 980.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40 | $120.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $120.88 | 538 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |