but why would you want to fend off BHP?
they are the better performer of the two for a long time now.
Stronger management (im sure we could argue that till the cows come home), better assets (lets just start with the oil exposure).
I bought a chunk of RIO very recently and did it with the full intention of being first in line when the BHP offer comes through.
I appreciate there is a risk it wont eventuate, in which case i am still holding onto a good company anyway, but i wonder how many other investors have bought RIO since the BHP offer with the full intent of accepting the deal.
I would suspect a great deal (not to mention the institutes who would love to close the 8% gap).
If the RIO board seriously dont intend to meet with BHP, i think they are neglecting their primary role (looking after shareholder interests). I suspect that, that is not the case, and they are just waiting for approval of the deal before they spend any genuine effort on considering the options.
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- now thats a resource upgrade
but why would you want to fend off BHP?they are the better...
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Last
$108.12 |
Change
-1.820(1.66%) |
Mkt cap ! $40.13B |
Open | High | Low | Value | Volume |
$109.70 | $110.42 | $107.38 | $133.0M | 1.227M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 9859 | $108.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$108.13 | 647 | 1 |
View Market Depth
No. | Vol. | Price($) |
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4 | 9859 | 108.000 |
1 | 2300 | 107.910 |
1 | 5 | 107.900 |
2 | 100 | 107.700 |
2 | 550 | 107.690 |
Price($) | Vol. | No. |
---|---|---|
108.210 | 3487 | 1 |
108.280 | 4709 | 1 |
108.300 | 1000 | 1 |
108.400 | 1000 | 1 |
108.440 | 5821 | 1 |
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