If I was Rio/BHP this is exactly what I'd do, drive down the IO price, force all my competitors to go bust, buy their assets at a discount, then bring the IO price back up again and maximise profits. Kinda makes me want to add to my holdings on BHP and RIO....
If I was Rio/BHP this is exactly what I'd do, drive down the IO...
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Last
41.0¢ |
Change
-0.005(1.20%) |
Mkt cap ! $498.1M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.5¢ | 40.8¢ | $360.4K | 877.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 168024 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 80475 | 5 |
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| MGX (ASX) Chart |