Rio is tipped to post an 8bil H1 profit tomorrow driven by higher metals prices, expectations are for a divi of 54c and perhaps an increase in the buyback scheme.
Until Friday RIO was holding above the support of the 200ema unlike BHP, but that is now gone, we could be looking at 77's again
Will the results just get drowned out in this market? Is it worth being in for tomorrow? These are some of the mysteries of life.
results vs the market
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Last
$121.08 |
Change
1.450(1.21%) |
Mkt cap ! $44.67B | |||
| Open | High | Low | Value | Volume |
| $119.31 | $121.09 | $118.98 | $78.98M | 655.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 418 | $121.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $121.09 | 490 | 17 |
View Market Depth
| Last trade - 15.32pm 03/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |