exactly
those asset sales to pay off debt seems to have been unfortunately timed.
i read in the afr they have 10billion next year, cant recall the date.
but the market cap is less than the net debt of the company currently
here is the recommendation from analyst, page-7
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Last
$120.78 |
Change
-1.290(1.06%) |
Mkt cap ! $44.83B | |||
| Open | High | Low | Value | Volume |
| $120.50 | $121.32 | $119.51 | $137.0M | 1.135M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2099 | $120.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $120.80 | 57 | 1 |
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| RIO (ASX) Chart |