re: re:strong rumours wmc..rio bid by monday Nice summary singas I hope.
As to cash and share bid straddling the year ends,that might suggest RIO already knew what was in the Budget? Don't think so.
Underpinning the SP with the buy back for a share bid? Why not simply offer a greater proportion of cash in the first place and avoid the buyback mechanism?
To maximise the WMR assets at Olympic Dam requires deep pockets-why then stretch your balance sheet? RIO is not renowned for stretching its balance sheet and has maintained low gearing ratios for many moons, and why at a high point (as perceived by some, not all), in the commodity price cycle?
The saga is in to its eigth month? Surely would have moved sooner.
Way too many illogical questions for this rumour to have legs-sorry.
Cheers,TAS-a RIO holder.
- Forums
- ASX - By Stock
- strong rumours re: wmc
re: re:strong rumours wmc..rio bid by monday Nice summary singas...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RIO (ASX) to my watchlist
(20min delay)
|
|||||
Last
$119.21 |
Change
-0.050(0.04%) |
Mkt cap ! $44.25B |
Open | High | Low | Value | Volume |
$119.64 | $120.40 | $119.20 | $133.1M | 1.113M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1215 | $119.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$119.28 | 1171 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 81239 | 128.750 |
1 | 33215 | 128.740 |
1 | 21966 | 127.550 |
2 | 17 | 126.620 |
1 | 21966 | 126.360 |
Price($) | Vol. | No. |
---|---|---|
109.680 | 56893 | 1 |
113.160 | 220 | 1 |
113.250 | 4289 | 3 |
113.330 | 45549 | 2 |
116.830 | 36598 | 1 |
Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
Featured News
RIO (ASX) Chart |
The Watchlist
INF
INFINITY LITHIUM CORPORATION LIMITED
Ryan Parkin, Managing Director & CEO
Ryan Parkin
Managing Director & CEO
Previous Video
Next Video
SPONSORED BY The Market Online