I would hold rio because if rios board continue to recject bhp offer then the share price will fall and there will be such a backlash. They might even approach bhp to take them over or it will take 3 to 5years for RIO to make the $130 mark if they are able to achieve their plan.
It depends if you will wait it out with the chance that you might be waiting a long time to see there prices again.
I would hold rio because if rios board continue to recject bhp...
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Last
$129.13 |
Change
1.680(1.32%) |
Mkt cap ! $47.93B | |||
| Open | High | Low | Value | Volume |
| $130.00 | $130.99 | $128.80 | $435.6M | 3.356M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1868 | $129.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $129.14 | 2404 | 2 |
View Market Depth
| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| RIO (ASX) Chart |