RIO 2.09% $119.00 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.
 
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Last
$119.00
Change
-2.540(2.09%)
Mkt cap ! $44.17B
Open High Low Value Volume
$120.56 $120.69 $119.00 $216.2M 1.800M

Buyers (Bids)

No. Vol. Price($)
3 130 $118.99
 

Sellers (Offers)

Price($) Vol. No.
$119.13 1255 1
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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