Look at the huge value of shares in these companies traded today - some $854 million worth of RIO and $810 million worth of BHP.
These are huge sums of money in just two stocks - not little speculators having a punt but serious money, big money.
RIO looks like a 7 in 10 chance of being the recipient of a takeover bid.
It could be BHP ... a Japanese consortium or a Private Equity bid maybe in cahoots with other mining interests.
There seems too much money in play for this just to be a beat up or a rumour.
I reckon it's 'game on' for RIO (at least).
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Last
$119.26 |
Change
0.000(0.00%) |
Mkt cap ! $44.27B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1445 | $131.18 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$113.30 | 722 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1445 | 131.180 |
1 | 884 | 126.000 |
7 | 7144 | 125.220 |
1 | 114 | 125.100 |
1 | 120 | 125.000 |
Price($) | Vol. | No. |
---|---|---|
113.300 | 722 | 4 |
113.420 | 125 | 1 |
114.950 | 420 | 1 |
115.440 | 1296 | 5 |
115.500 | 122 | 2 |
Last trade - 10.02am 19/06/2024 (20 minute delay) ? |
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