BHP needs to bed down the Iron Ore JV first. That is the jewel in the RIO crown for them. In time a closer association may lead to other "working arrangements" in things like coal and diamonds without the needless pain of another full takeover tilt.
I reckon BHP has a range of options on the drawing board re Woodside,some depending on Shell's aspirations. If the latter wants to shake up/rationalise the CSG scene in Queensland it may be happy to exit the WPL share register knowing BHP is most likely ready, willing and able to buy them out without too many dramas.
BHP needs to bed down the Iron Ore JV first. That is the jewel...
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Last
$113.75 |
Change
-0.170(0.15%) |
Mkt cap ! $42.22B | |||
| Open | High | Low | Value | Volume |
| $113.51 | $114.33 | $113.34 | $130.1M | 1.137M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1417 | $113.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $113.98 | 105 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| RIO (ASX) Chart |