RIO 0.40% $120.97 rio tinto limited

rio finish up 2.245% in uk, page-3

  1. 383 Posts.
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    * UBS downgrade
    * lots of shorting (Heads and Rights)
    * Chinalco pi**ed off and could be selling
    * unsettled FE contracts with china
    * Mongolia concerns on new mine nationalisation
    * complex rights issue for retail investors

    These are the reasons RIO was smashed this week. Good to see at near 5% rise last night on the NYSE.
 
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