RIO 1.87% $123.68 rio tinto limited

Word on the street is JP Morgan have been appointed to advise...

  1. 629 Posts.
    Word on the street is JP Morgan have been appointed to advise about a defence to a takeover - they wouldn't do that if they didn't think something was brewing.

    Can anyone confirm this pls?

    Given that they are on a buyback campaign and the recent t/o rumours and record profits to boot. Maybe it's a case of where there's smoke there's fire?

    I hold RIO.

    Cheers
 
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