RIO 3.43% $127.45 rio tinto limited

rio to bid 1 rio share+ $17 for every 7 wmr...

  1. 865 Posts.
    My bet is that the bid will be ~2/3 scrip and 1/3 cash along the lines of above.. valuing the bid at ~$8.57 with it falling back to ~$8.40 after RIO retreating a little post bid.

    Buyers now exceed sellers for WMR!!
 
watchlist Created with Sketch. Add RIO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.