Hi Slaveman,
GM and houses cannot be compared to RIO they like apples and oranges. Effected differently by different markets.
As for "the global industrial process is grinding to a steep decline", well I have one word for you.....INDIA!
They are a rapidly growing industrial nation who will increasingly require commodities like iron ore. In fact they are so confident that of their internal demand for iron ore that they are trying to impose a ban on any of the local product being exported.
Hi Slaveman,GM and houses cannot be compared to RIO they like...
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Last
$123.31 |
Change
1.650(1.36%) |
Mkt cap ! $45.77B | |||
| Open | High | Low | Value | Volume |
| $123.90 | $124.47 | $122.50 | $208.3M | 1.686M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1271 | $123.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $123.35 | 786 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RIO (ASX) Chart |