Near term BHP is unlikely to take over Rio.
Rio maybe forced to sell world class assets to pay its debts such as Coal & allied, Pacific Coal & 30% stake in Escondida. In my opinion BHP may just look at picking and choosing what assets they may want to own and not have to take over Rio and it's debts!!!
Either way $80 is wishful thinking at this current climate!
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$117.62 |
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Open | High | Low | Value | Volume |
$117.51 | $118.73 | $117.02 | $240.5M | 2.075M |
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No. | Vol. | Price($) |
---|---|---|
3 | 681 | $117.60 |
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No. | Vol. | Price($) |
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1 | 100 | 117.590 |
2 | 1100 | 117.500 |
2 | 170 | 117.400 |
1 | 200 | 117.350 |
Price($) | Vol. | No. |
---|---|---|
118.000 | 4200 | 1 |
118.650 | 300 | 1 |
118.880 | 300 | 1 |
119.000 | 20 | 1 |
119.500 | 264 | 1 |
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