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.
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$108.12 |
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-1.820(1.66%) |
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Open | High | Low | Value | Volume |
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1 | 2300 | 107.910 |
1 | 5 | 107.900 |
2 | 100 | 107.700 |
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Price($) | Vol. | No. |
---|---|---|
108.210 | 3487 | 1 |
108.280 | 4709 | 1 |
108.300 | 1000 | 1 |
108.400 | 1000 | 1 |
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