Ah, franking credits. I suspect that could well be the reason for the discrepancy. Hamersley Iron should be generating hundreds of millions in taxes within years so it's definitely worth quite a bit to the LTD shares. Knew I missed something.
For any holders of RIO shares, this issue of BRW might be worth picking up. Cover story is on RIO. There's quite a bit about the future of RIO, and how it's undergoing a huge transformation. One interesting part is how they're considering setting up a land development division, since they own massive blocks of property that apparently could generate around US$8 billion in revenue, something which the market hasnt' priced in yet. All up - tone of the article is quite bullish. Very worthwhile read.
- Forums
- ASX - By Stock
- dont buy rio ltd buy rio plc
Ah, franking credits. I suspect that could well be the reason...
Featured News
Add RIO (ASX) to my watchlist
|
|||||
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. |
---|---|---|
$114.17 | 199 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 197 | 114.150 |
1 | 2500 | 114.050 |
2 | 5230 | 114.000 |
1 | 2691 | 113.990 |
1 | 892 | 113.910 |
Price($) | Vol. | No. |
---|---|---|
114.170 | 199 | 2 |
114.390 | 7580 | 1 |
114.410 | 2464 | 2 |
114.540 | 2464 | 1 |
114.660 | 2464 | 1 |
Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
Featured News
RIO (ASX) Chart |