Barry, if RIO are your last pick as a sutior i'd love to know who your first is?? Yes, they have debt but to erase debt they must also have earnings and this as we all know looks like being a massive play. RIO's current Rossing mine is coming to an end and EXT's Rossing holdings are right next door to it. With current infrastructure in place they would save tens of millions of dollars, and possibly hundreds, then any other company who are possible suitors.
Not too mention the fact they have recently bought Millions of dollars in the stock!
rio...., page-5
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.69M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $43.33K | 3.855M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 109090 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 5184026 | 9 |
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| Last trade - 15.59pm 13/09/2024 (20 minute delay) ? |
| EXT (ASX) Chart |