Anything sub $100 is a great long term buy. Rio was never priced for $200 iron ore anyway. It would have been around $180-$200 a share if iron ore was expected to remain elevated. Ex dividend should take $10 off the price so I expected mid to high teens unless iron ore really falls like lead to below $140 per tonne.
Ann: Dividend/Distribution - RIO, page-25
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Last
$120.08 |
Change
-1.990(1.63%) |
Mkt cap ! $44.64B | |||
| Open | High | Low | Value | Volume |
| $120.50 | $120.61 | $119.51 | $20.32M | 169.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 54 | $120.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $120.09 | 5 | 2 |
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| Last trade - 10.56am 16/10/2024 (20 minute delay) ? |
| RIO (ASX) Chart |