re: Ann: RIO: BHP: Announcement Regarding Rio... “The BHP Billiton decided it no longer believes that completion of the offer for Rio Tinto would be in the best interests of BHP Billiton shareholders,”
Don Argus, chairman of Melbourne-based BHP said in a statement to the Australian stock exchange.
“We have concerns about the continued deterioration of the near term global economic conditions, the lack of any certainty as to the time it will take for conditions to improve and the risks that these issues imply for shareholder value.”
Reaks of consolidation to me.
Hard times ahead.
Any enthusiasm about this will be short lived.
Ill be looking to don the bear suit once again.
Add BHP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$43.80 |
Change
0.370(0.85%) |
Mkt cap ! $222.2B | |||
| Open | High | Low | Value | Volume |
| $43.46 | $44.42 | $43.33 | $264.8M | 6.047M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12 | $43.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.80 | 13551 | 1 |
View Market Depth
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |