Capped their IO expansions - confirmed no more to come - "for now". Fell short of max capacity anyway.
IO being RIO'S core business - does not say much for the rest of their business when suffering a net loss for 2015 while FMG continued to cut costs - assess & implement new strategies - make a substantial profit that allowed pay down of debt in 2015 and even better for the 2016 financial year.
Advantages of a single commodity focused company - all efforts/resources totally focused and committed to success.
Capped their IO expansions - confirmed no more to come - "for...
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Last
$20.10 |
Change
0.700(3.61%) |
Mkt cap ! $61.88B | |||
| Open | High | Low | Value | Volume |
| $20.26 | $20.49 | $19.94 | $337.2M | 16.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38056 | $20.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 20000 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |