The weak point is copper which is well below analyst price assumptions for FY24 for now... but still IO is the primary profit source and that is at a 2 week high whilst RIO behaves like its the GFC. Furthermore, IO remains above analyst assumptions for FY24 and the AUD below the same. The market is in alternative reality at the moment... with an expectation of X whilst the IO market says Z. I would have though a commodity market would have a better reading on the pulse of things, but here we are.
The weak point is copper which is well below analyst price...
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Last
$120.20 |
Change
-0.420(0.35%) |
Mkt cap ! $44.62B | |||
| Open | High | Low | Value | Volume |
| $120.57 | $121.00 | $119.65 | $202.9M | 1.682M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4351 | $120.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $120.20 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$120.24 |
Change
-0.420 ( 0.27 %) |
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| Open | High | Low | Volume | ||
| $120.73 | $120.99 | $119.66 | 172376 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| RIO (ASX) Chart |