That's an incredible assertion when you consider the fact that cashflow generated from operations was USD$10 per share, or almost AUD$15 per share last year. That was before the latest iron ore price rises came into effect, most of which flows straight to the botton line.
They were making 1.5b USD a month in the early months of this year, again without including the full effects of the iron ore price rises. That's already $20 per share at an annualised rate.
Now it may well fall to $20 but I will believe it when I see it.
possibly under 50 dollars next week, page-3
-
- There are more pages in this discussion • 13 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
$111.76 |
Change
1.350(1.22%) |
Mkt cap ! $40.98B | |||
| Open | High | Low | Value | Volume |
| $111.86 | $112.40 | $111.37 | $19.76M | 175.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 21 | $111.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $111.78 | 3 | 1 |
View Market Depth
| Last trade - 10.10am 13/09/2024 (20 minute delay) ? |
| RIO (ASX) Chart |