re: News: Rio fails to score majority Riversd... Whoever is buying the stock now is protecting their bigger position to ensure that they get $16.50 for the large amount of shares tender into the bid.
It is buying insurance at no cost as anything below the $16.50 offer price would cover any holding costs and brokerage.
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Last
$117.62 |
Change
0.670(0.57%) |
Mkt cap ! $43.76B | |||
| Open | High | Low | Value | Volume |
| $116.64 | $118.10 | $116.12 | $22.12M | 188.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6 | $117.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $117.64 | 75 | 5 |
View Market Depth
| Last trade - 11.10am 29/07/2025 (20 minute delay) ? |
| RIO (ASX) Chart |