It wont drop below a 6 percent div yield nor its NPV valued of discounted future cash flows. Given its in the bottom quartile hard to see it ever sinking below $2.50 in the most bearish sentiment. Around $2.50 Rio Tinto would come in with a takeover. imho.
It wont drop below a 6 percent div yield nor its NPV valued of...
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Last
$2.41 |
Change
-0.170(6.59%) |
Mkt cap ! $7.257B | |||
| Open | High | Low | Value | Volume |
| $2.57 | $2.60 | $2.41 | $64.35M | 25.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 123970 | $2.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.42 | 15148 | 3 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |