RIO 2.53% $116.81 rio tinto limited

no they won't raise capital.. this is a given..they will sell...

  1. 4,005 Posts.
    no they won't raise capital.. this is a given..they will sell $15-$20 billion worth of assets... the acquisition of ALCO was stupid and put them in debt.. but they have assets.

    it will likely sell its 75% stake in CNA which will net $9 billion

    they're likely to flog off Alcan packaging to Amcor for about $5 billion

    they can retrieve $15 billion quite quickly..and that's all they need to do.

    Moved from the "London" forum. Original message number: 355
 
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