Sam just a $9Mill pay rise. From a $3Bill loss to a $3bill profit. Iron ore just hit $107 and copper bounced. Rio bounced 1% in the US on Friday. Time to buy. Range up to $65 in the next 2 weeks if not sooner? Their Contracts are good and they have a low $ per tonne recovery out of the ground lower than any other producer. The report is that Chian will do another stimulus.
maybe a slighter brighter future than the last month.
and don't discount a takeover bid??
Sam just a $9Mill pay rise. From a $3Bill loss to a $3bill...
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Last
$119.74 |
Change
-1.590(1.31%) |
Mkt cap ! $44.44B | |||
| Open | High | Low | Value | Volume |
| $121.45 | $121.72 | $119.56 | $87.79M | 730.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5894 | $119.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $120.25 | 2343 | 1 |
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| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| RIO (ASX) Chart |