Just put this on BHP - any comments??
Its interesting ..
If nothing else their unformalised bid has resulted in 12% of their biggest IO competitor in Aus now owned by Mr China - bad for RIO.
Maybe they never really were serious about a to. Either testing the water to see what China would do or forecast this outcome.ie getting China to buy RIO instead of them.
BHP probably have better deals lined up with other markets and dont want chinese ownership to hamstring them..
just some thoughts but hope BHP are dinkum
chinese buy 12 percent of rio tinto, page-36
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Last
$120.48 |
Change
0.850(0.71%) |
Mkt cap ! $44.67B | |||
| Open | High | Low | Value | Volume |
| $119.31 | $121.07 | $118.98 | $54.36M | 451.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 245 | $120.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $120.48 | 204 | 12 |
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| Last trade - 14.04pm 03/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |