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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Look at the huge value of shares in these companies traded today...
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Last
$119.00 |
Change
-2.540(2.09%) |
Mkt cap ! $44.17B |
Open | High | Low | Value | Volume |
$120.56 | $120.69 | $119.00 | $216.2M | 1.800M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 130 | $118.99 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$119.13 | 1255 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 30 | 118.990 |
1 | 8 | 118.970 |
2 | 335 | 118.950 |
1 | 84 | 118.940 |
1 | 220 | 118.900 |
Price($) | Vol. | No. |
---|---|---|
119.400 | 44 | 1 |
119.940 | 7 | 1 |
120.340 | 750 | 1 |
120.500 | 1360 | 2 |
120.890 | 83 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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