RIO 1.24% $121.11 rio tinto limited

Share price on end of buyback, page-17

  1. 9,781 Posts.
    lightbulb Created with Sketch. 3485
    oh definitely more upside. thats why the rio and bhp prices arent being marked-to-market the way others are

    this is actually the only time to really consider buying mineral companies if you expect a normal commodity cycle in my view.

    the challenge is that commodities are going down before general market.

    which suggests to me that there's probably at least one more capitulation move for rio and bhp when the overall share market corrects- even though the underlying commodity basket generally may be reaching its low point -

    iron ore is different though - there's still massive new supply coming on all this year. so given its clearly still a buyers market - Id have to think iron ore has further to fall
 
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$121.11
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1.480(1.24%)
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$119.31 $121.35 $118.98 $126.4M 1.047M

Buyers (Bids)

No. Vol. Price($)
1 211 $121.11
 

Sellers (Offers)

Price($) Vol. No.
$121.12 833 1
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Last trade - 16.10pm 03/07/2024 (20 minute delay) ?
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