re:strong rumours wmc..rio bid by monday With the RIO's share price underpinned by the strong buyback and the good overnight numbers from the US supporting commodities the time is just right for RIO to launch a cash and script bid for WMR...
The bid will be around $8.60 to allow for some pullback in Rio's SP post bid. I doubt RIO will counterbid..they will either get RIO at a good price(..better synergies than BHP) or they will make BHP pay more!
I hold 75,000 WMR
re:strong rumours wmc..rio bid by monday With the RIO's share...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RIO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$115.94 |
Change
3.130(2.77%) |
Mkt cap ! $42.73B | |||
| Open | High | Low | Value | Volume |
| $115.01 | $116.42 | $114.93 | $99.05M | 844.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 162 | $115.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $115.96 | 262 | 8 |
View Market Depth
| Last trade - 13.30pm 26/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |