All in all, it's great to see the proverbial has finally hit the fan and with Albanese's M&A obsessions now behind us, perhaps we'll see some real concentration on shareholder value.
Both RIO and BHP are going to have to return money to s/holders as divs instead of playing monopoly with the BIG profits. Leaving all that cash in treasury is like giving a drunk a nice crisp 100. They'll find somewhere to spend it.
BHP will prolly drop today too. I don't own either because I just don't trust them.
ouch, page-46
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Last
$114.25 |
Change
-2.400(2.06%) |
Mkt cap ! $42.41B | |||
| Open | High | Low | Value | Volume |
| $116.01 | $116.21 | $113.56 | $87.71M | 765.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5 | $114.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $114.27 | 25 | 1 |
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| Last trade - 12.19pm 08/08/2024 (20 minute delay) ? |
| RIO (ASX) Chart |