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.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$116.25 |
Change
-0.680(0.58%) |
Mkt cap ! $43.12B | |||
| Open | High | Low | Value | Volume |
| $116.50 | $117.43 | $116.12 | $51.90M | 445.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 218 | $116.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $116.26 | 342 | 7 |
View Market Depth
| Last trade - 14.04pm 30/07/2025 (20 minute delay) ? |
| RIO (ASX) Chart |