It's gonna get smacked as hedge funds unwind long positions they took because of the price differential with the BHP bid.
Also, RIO will need to do a capital raising as the assets sales they anticpated happening will now not happen.
a low today of $39 is my guess but will finish around $45.
stop this doom and gloom, page-6
Add RIO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$123.31 |
Change
1.650(1.36%) |
Mkt cap ! $45.77B | |||
| Open | High | Low | Value | Volume |
| $123.90 | $124.47 | $122.50 | $208.3M | 1.686M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1271 | $123.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $123.35 | 786 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RIO (ASX) Chart |