Hope you're right too - I also bought a little more today - perhaps there was just some short-playing on the SP's along with other factors outside the merger that brought both BHP and RIO prices down - would be strange if BHP just walked away despite the Chinese buying into RIO. That shuts them out for 6 months, and as we've seen in the past 6 months, even 6 days, a lot can happen and I don't think they want to be sitting on the sidelines.
Just my opinion. Hold both BHP and RIO.
bid alive and well, page-8
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Last
$119.83 |
Change
0.210(0.18%) |
Mkt cap ! $44.48B | |||
| Open | High | Low | Value | Volume |
| $120.07 | $120.83 | $119.58 | $109.7M | 913.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1400 | $119.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $119.85 | 729 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |