Fair call. But even so, there are people like us with significant amounts of money that would be a little more clued in as to the likelihood of a much higher revised bid. I hope - for my own sake as well - that the bid is much higher, and makes RIO run hard. What you say, 3.6:1 + $16 would be a great start for trading tomorrow.
Lets see what pans out. You've put yourself on the line, and I commend that, so its only a matter of time to see if your adviser struly has the crystal ball.
crystal ball, page-34
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Last
$114.16 |
Change
-2.490(2.13%) |
Mkt cap ! $42.37B | |||
| Open | High | Low | Value | Volume |
| $116.01 | $116.21 | $113.56 | $195.3M | 1.706M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 197 | $114.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $114.17 | 199 | 2 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| RIO (ASX) Chart |