yep. RIO hitting late Nov low when IO price was around 115-120ish.
Now Ore's holding 134 since last Friday and we can buy RIO at the same price.
Only Risk is if high 56 area doesn't hold, it's all the way to low 50's.
For medium to long term people, it's a great opportunity today.
RIO has the lowest cost/ton of iron ore production (nearly half of FMG's) and it is still s!*t load of money even from 100/ton.
yep. RIO hitting late Nov low when IO price was around...
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Last
$119.00 |
Change
-2.540(2.09%) |
Mkt cap ! $44.17B | |||
| Open | High | Low | Value | Volume |
| $120.56 | $120.69 | $119.00 | $216.2M | 1.800M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 130 | $118.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $119.13 | 1255 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RIO (ASX) Chart |