Chinalco can only acquire up to a max of approx 15% of the london stock (11% of rio as a whole) any more they need to seek australian government approval and have already agreeded to seek government approval before they go for more. Doubt they managed get that approval in the few hours since the offer got dropped....
chinalco want rio, page-22
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Last
$119.87 |
Change
1.630(1.38%) |
Mkt cap ! $44.49B | |||
| Open | High | Low | Value | Volume |
| $118.30 | $120.06 | $118.10 | $165.9M | 1.390M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $119.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $119.90 | 7089 | 1 |
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| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| RIO (ASX) Chart |