Back a couple of years ago when the talk was all about RIO and BHP joining forces with their iron ore operations in the Pilbara the sentiment was that the Chinese would fight back by snapping up the smaller guys.
The Chinese strategy was based on no letting the big boys gain too much of an upper hand as it would ultimately lead to pricing concerns etc.
It would be logical to conclude that the Chinese would still have these concerns today.
Maybe the Chinese see an opportunity here. Who knows.
Back a couple of years ago when the talk was all about RIO and...
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Last
77.5¢ |
Change
0.025(3.33%) |
Mkt cap ! $154.8M | |||
| Open | High | Low | Value | Volume |
| 77.5¢ | 83.0¢ | 77.5¢ | $3.885K | 4.886K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 132 | 77.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.5¢ | 4000 | 1 |
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| Last trade - 12.47pm 14/11/2024 (20 minute delay) ? |
| RHK (ASX) Chart |