One broker has RIO with a potential upside in 2005 as $52.
Thats spanktacular !!!
Iron ore reneg with the japs is 30% plus and RIO has over $1.2bn USD in the bank waiting to nail bargins or return funds to shareholders - in any event its trading at a ridiculous discount of 25% to its peers on global indexes - thus, if their was a correction if would not effect RIO as much as others ( anglo and say BHP) yet, why has RIO been stuck in the mud ? it eludes me.
RIO is a screaming BUY under $40...
singas
( i hold rio )
rio rio - massive reevaluation!!!
Add RIO (ASX) to my watchlist
 (20min delay)
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Last
$129.32 |
Change
-1.170(0.90%) |
Mkt cap ! $48.00B | |||
| Open | High | Low | Value | Volume |
| $129.49 | $129.58 | $128.16 | $172.9M | 1.340M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2174 | $129.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $129.40 | 500 | 1 |
View Market Depth
| Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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Last
$129.50 |
Change
-1.170 ( 0.77 %) |
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| Open | High | Low | Volume | ||
| $129.40 | $129.56 | $128.18 | 166550 | ||
| Last updated 15.59pm 01/05/2024 ? | |||||
| RIO (ASX) Chart |