It seems to do business in the USA, foreign companies will need to grease the palm.
It could be that JP Morgan bought the stake in RIO, in the knowledge that Trump would like that RIO bought $9 billion of US investment bonds.
No doubt LD would be aware of this.
JP Morgan may have taken the 5% stake in RIO based on this transaction?
“Rio on Wednesday said it will raise $9 billion in US investment-grade bonds as it seeks to fund the Arcadium buyout.”
https://www.mining.com/web/jpmorgan-scoops-over-5-stake-in-rio-tinto/
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $161.6M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.6¢ | 1.4¢ | $879.8K | 60.03M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 136 | 32909697 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 3534506 | 14 |
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| Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
| SYA (ASX) Chart |