Rather an inauspicious day for RIO having just broken through the yearly low on the ASX. RIO certainly getting a better average price on their current buyback than the last time they undertook such a program. I believe the average price paid per share during the previous buyback was 3747 pence. They are presently buying at a price which is about two thirds of that. I'm not at all sure when the current buyback is going to end as I haven't been keeping track of how much has already been spent, but the end must be approaching.
I wonder, is anyone prepared to forecast a share price for RIO a couple of month post buyback?
Share price on end of buyback
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Last
$119.67 |
Change
0.460(0.39%) |
Mkt cap ! $44.42B | |||
| Open | High | Low | Value | Volume |
| $119.53 | $120.30 | $119.32 | $158.1M | 1.315M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 89 | $119.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $119.69 | 3000 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| RIO (ASX) Chart |