re: strong profit on metals Instos drive the share price.
They want a capital management announcement. If they get one, price is likely to rise, other things being equal.
The on-market share buyback that RIO has been doing on the LSE was viewed favourably by the market. This was one of the factors for RIO outperforming BHP during the past 6 months.
results and impact on bhp, page-54
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Last
$123.78 |
Change
2.120(1.74%) |
Mkt cap ! $45.95B | |||
| Open | High | Low | Value | Volume |
| $123.90 | $124.47 | $122.50 | $133.0M | 1.077M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 150 | $123.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $123.78 | 224 | 13 |
View Market Depth
| Last trade - 15.10pm 08/11/2024 (20 minute delay) ? |
| RIO (ASX) Chart |