RIO 0.04% $119.21 rio tinto limited

re: smerfie re:singas Hi SingasWrong Wrong Wrong.... DB cant buy...

  1. 865 Posts.
    re: smerfie re:singas Hi Singas

    Wrong Wrong Wrong.... DB cant buy stock for BHP at more than the offer price of $7.85.. it is against ASX rules!

    The 93.44M DB has is for themselves and/or their clients...not even for RIO... as that would have to have been declared at 5%...they simply have almost a 10% blocking stake which puts them in a very powerfull negotiating position... the fireworks in this takeover is only just beggining.. forget the 5 months involving Xstrata, that was only the entree!

    RIO is a great company...take my advice ..let RIO go as high as you're comfortable with and buy some puts.
 
watchlist Created with Sketch. 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
Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
RIO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.