RIO 2.03% $121.17 rio tinto limited

rio sub $30, page-5

  1. 11,522 Posts.

    2003 lows was just less than 11.00GBP in London, exchange rate then was around ~2.5. In Aust, 2003 low was ~28.00AUD, but in different month, FX rate matched reasonably well.

    Last night, low of 11.00GPB with close 11.48, but at ~2.28AUD/GBP, is ~26.20. Wasn't much of a premium back in 2003, but one now.

    Think that 28 might be a target sometime soon.




 
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