This really indicates how RIO failed maximise its assets in a boom with little or no change in earnings.
This years earnings of $6.30 and a pe ratio of 12 will see the company share price fall to as low as $56 and as high as $75 if the BHP take over falls over.
The share price will fluctuate as some of the us largest companies fall into receivership, this will create a market storm with pe ratios fluctuating between 9 and 12.
This applies not only to rio but the whole market.
This really indicates how RIO failed maximise its assets in a...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RIO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$120.97 |
Change
-0.480(0.40%) |
Mkt cap ! $44.90B | |||
| Open | High | Low | Value | Volume |
| $120.30 | $120.99 | $119.09 | $152.4M | 1.265M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8 | $120.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $120.97 | 49150 | 1 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| RIO (ASX) Chart |