I believe the rio/bhp merger will go ahead for the following reasons:
If BHP was not interested, I believe they would have said so as it would remove uncertainty and allow their share price to climb. Second, I have been watching the warrant activity and buying has been taking place at 10times the market makers price, and the volume has been large. Third, if BHP walked away they leave the door open for another suitor to come along during the six months, and finally, by simply formalising the 3:1 bid would signal a hostile takeover which would not be in either parties interest.
Therefore, my guess is that BHP will offer 3.5:1 and a cash sweetener.
My view only and I hold RIO
- Forums
- ASX - By Stock
- profit
I believe the rio/bhp merger will go ahead for the following...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BHP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$43.43 |
Change
-0.470(1.07%) |
Mkt cap ! $220.3B |
Open | High | Low | Value | Volume |
$43.75 | $43.82 | $43.43 | $279.5M | 6.424M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5828 | $43.43 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$43.45 | 75000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 43.420 |
1 | 2663 | 43.410 |
6 | 8584 | 43.400 |
1 | 209 | 43.380 |
1 | 97 | 43.360 |
Price($) | Vol. | No. |
---|---|---|
43.510 | 2459 | 2 |
43.520 | 500 | 1 |
43.560 | 1291 | 1 |
43.750 | 300 | 1 |
43.790 | 2291 | 1 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
BHP (ASX) Chart |