I am worried about RIO too heavily invested in iron ore, the Chinese could reduce the price they pay by US $10 - 20 / t and that would devastate the earning of RIO .
Mongolia will always be problematic and they will continued to get ' screwed ' by the government . I can not imagine RIO would consider increasing their equity in this investment.
There could be an offer for RIO from either Anglo or BHP !
I am worried about RIO too heavily invested in iron ore, the...
-
- There are more pages in this discussion • 2 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
$114.88 |
Change
-1.590(1.37%) |
Mkt cap ! $42.60B | |||
| Open | High | Low | Value | Volume |
| $116.29 | $116.30 | $114.48 | $117.0M | 1.016M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1250 | $114.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $114.90 | 737 | 1 |
View Market Depth
| Last trade - 16.10pm 12/08/2024 (20 minute delay) ? |
| RIO (ASX) Chart |