Forget Trends fundamentals rule this market and anything with debt and RIO is laden with debt with another US$10bn due in 2010. it is getting shot to pieces. Not sure about $5 in a mth though as it has great Assets.
But a capital raising could see it below $20 soon or take out another 7 billion line of credit.
Look what has happened to OZL Oz mineral touted the mini BHP. Not trading any longer.
To see the complete demise of RIO 6mths ago would have been insane thought but nowadays nothing is impossible.
Forget Trends fundamentals rule this market and anything with...
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 (20min delay)
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Last
$110.09 |
Change
1.690(1.56%) |
Mkt cap ! $40.86B | |||
| Open | High | Low | Value | Volume |
| $110.42 | $111.63 | $109.38 | $294.4M | 2.619M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 317 | $110.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $110.40 | 100 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| RIO (ASX) Chart |