Doesn't anyone want to talk about Rio? It seems most are focused on spec stocks they lose their life savings on.
Anyway Rio have have announced their first half results. They had a 35% jump in profits which was below market expectations (what do they want for $76 a share???) and increased the share buy back by 2 bil.
Now overnight, european brokers came out and said they had downgraded BHP to Neutral and said RIO was the preferred choice and the sp in London reflected that.
Now here's my question. Based on this information why was RIO down 1.3% today while BHP was up.
Frankly is there anything in the stock markets that can be considered logical. I've seen a lot of nonsense but this one takes the cake.
Only 35% increase in profits. What losers :-) ????
Doesn't anyone want to talk about Rio? It seems most are focused...
-
- There are more pages in this discussion • 24 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
$119.63 |
Change
-1.040(0.86%) |
Mkt cap ! $44.40B | |||
| Open | High | Low | Value | Volume |
| $121.00 | $121.27 | $119.15 | $121.4M | 1.012M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $119.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $119.69 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |