I think it was a little too ruthless, probably good that they have reconsidered it. While I like the business sense behind it, they also want to develop long term relationships with suppliers so it is a balancing act between using their market size to get optimal terms versus souring relationships and potentially financially crippling some suppliers which could cost more over the longer term. I think a more gradual approach would work better, an extra 5-10 days, a couple of years later 5-10 more days again, etc.
- Forums
- ASX - By Stock
- News: Rio Tinto drops plan to push out supplier payments
I think it was a little too ruthless, probably good that they...
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RIO (ASX) to my watchlist
|
|||||
Last
$117.48 |
Change
2.820(2.46%) |
Mkt cap ! $43.61B |
Open | High | Low | Value | Volume |
$115.80 | $118.26 | $115.09 | $298.9M | 2.551M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 16 | $116.95 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$117.48 | 10183 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 16 | 116.950 |
1 | 100 | 116.900 |
1 | 34 | 116.840 |
2 | 1050 | 116.800 |
2 | 205 | 116.750 |
Price($) | Vol. | No. |
---|---|---|
117.500 | 1768 | 2 |
117.570 | 2402 | 1 |
117.690 | 2402 | 1 |
117.700 | 230 | 1 |
117.800 | 6200 | 3 |
Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
Featured News
RIO (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online