One broker has RIO with a potential upside in 2005 as $52.
Thats spanktacular !!!
Iron ore reneg with the japs is 30% plus and RIO has over $1.2bn USD in the bank waiting to nail bargins or return funds to shareholders - in any event its trading at a ridiculous discount of 25% to its peers on global indexes - thus, if their was a correction if would not effect RIO as much as others ( anglo and say BHP) yet, why has RIO been stuck in the mud ? it eludes me.
RIO is a screaming BUY under $40...
singas
( i hold rio )
rio rio - massive reevaluation!!!
Add RIO (ASX) to my watchlist
 (20min delay)
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Last
$120.20 |
Change
-0.420(0.35%) |
Mkt cap ! $44.62B | |||
| Open | High | Low | Value | Volume |
| $120.57 | $121.00 | $119.65 | $202.9M | 1.682M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4351 | $120.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $120.20 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$120.24 |
Change
-0.420 ( 0.27 %) |
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| Open | High | Low | Volume | ||
| $120.73 | $120.99 | $119.66 | 172376 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| RIO (ASX) Chart |