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...
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Last
$113.99 |
Change
-1.950(1.68%) |
Mkt cap ! $42.31B | |||
| Open | High | Low | Value | Volume |
| $113.88 | $114.63 | $113.30 | $262.1M | 2.267M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3007 | $113.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $114.11 | 19 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |