if you apply rio's own logic to their value bhp is worth over $70....
but the rio share price would come back to $100-$110 if they bid scrip, which you would expect them to do with $40b debt already from alcan takeover....
i think if rio was to go down the road of packman defence they may aswell just work out friendly merger with bhp... then noone has to pay high premium to take the other over....
pacman defence by rio, page-3
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Last
$42.78 |
Change
0.140(0.33%) |
Mkt cap ! $217.0B | |||
| Open | High | Low | Value | Volume |
| $42.25 | $42.97 | $42.14 | $223.0M | 5.233M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 10160 | $42.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.79 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| BHP (ASX) Chart |