rio shares up on new bid speculation, page-3

The last thing that RIO shareholders need is to be taken over by BHP. At the moment iron ore is the jewel in the crown. WHilst BHP shares have gained some ground on the back of commodity prices increase it is RIO that shares that have out performed BHP by almost two fold in the same period. RIO seems to be far better positioned to repond to change in markets and also to be set up ready for such changes. BHP on the other hand is always second of the mark and follows others. It is the Brazilans and RIO who set the iron ore price not BHP. If BHP does take over RIO all those leading edge advantages that RIO has will be lost, BHP is not capable of maintaining such directional and out ward thinking required to keep them at the forfront of the market. They may become the worlds biggest miner, but big deal if they can't capitalise on that position.