yesiam, I don't think the market thinks the takeover will happen. I reckon it will (eventually) but the current prices of both BHP and RIO doesn't reflect the exchange of shares. I would say, expect BHP to reduce their offer exchange rate when it really matters.
rio should increase by days end into 90, page-6
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Last
$116.46 |
Change
-0.350(0.30%) |
Mkt cap ! $43.23B | |||
| Open | High | Low | Value | Volume |
| $117.00 | $118.08 | $116.46 | $165.6M | 1.414M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5136 | $116.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $116.49 | 1320 | 1 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |