RIO has pulled back from $38 levels to $35 and I like its story of selling off non peforming mines and assets. BHP has had a great run but I believe that the focus will shift to the quite portfolio management that is the RIO story. $35 is a good entry point when some brokers have a twelve month target of $40.
good time to add to longer term portfolios. Excellent DIV payer.
singas
rio is a short.>>>>>>>>>, page-4
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Last
$119.70 |
Change
2.220(1.89%) |
Mkt cap ! $44.43B | |||
| Open | High | Low | Value | Volume |
| $119.20 | $120.17 | $118.54 | $222.8M | 1.862M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 192 | $119.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $119.70 | 1276 | 2 |
View Market Depth
| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| RIO (ASX) Chart |