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
$3.01 |
Change
0.075(2.56%) |
Mkt cap ! $9.135B | |||
| Open | High | Low | Value | Volume |
| $2.99 | $3.08 | $2.97 | $47.79M | 15.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 54 | 357087 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 30680 | 16 |
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| Last trade - 12.17pm 01/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |