This is all very reminicent of Microsoft walking away from Yahoo - Rio is going to sink hard given their debt level and the current market sentiment.
Glad I sold out when the initial bid was made - the deal was never going to pass, be it from a lack of funds/will or from a regulatory standard - was only a matter of time that the over inflated Rio sp was due to correct.
Best of luck to holders on this one - given these hard times it's going to be a rough ride.
black wednesday..., page-18
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Last
$110.41 |
Change
0.000(0.00%) |
Mkt cap ! $40.98B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | $110.41 | $108.55 | $12.46M | 109.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 71 | $121.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $104.89 | 1375 | 8 |
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| Last trade - 09.56am 13/09/2024 (20 minute delay) ? |
| RIO (ASX) Chart |
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