Hi Guys,
Reportings are set to be announced tommorrow.. What do you guys think. There has been so much news recently about RIO expecting higher profits as they have sold some assets to reduce their debt.
BHP and RIO are positive correlated and moving the same direction. Today RIO has shot up reaching to the $70 mark. BHP was quiet impressive due to the higher then expected earnings by BHP.
taking all this into consideration. Obviously the SP will decrease later on due to the dividend distribution. However, imo soon RIO should break the $70 Barriier sooner or later.
I was also fallen victim of the big Drop from $80 and lost a big Value of my portfolio.
What do you guys expect to happen towards the RIO prospects?
rio prospects up or down tommorrow?
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Last
$117.48 |
Change
2.820(2.46%) |
Mkt cap ! $43.61B | |||
| Open | High | Low | Value | Volume |
| $115.80 | $118.26 | $115.09 | $298.9M | 2.551M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16 | $116.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $117.48 | 10183 | 2 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |