BHP to pay with 4.2 of its shares plus $20 cash is my prediction. This will give RIO shareholders over 50% in joint company plus a chance to buy more with the cash component.
Hang in there guys and gals, you will be even richer thanks to uncle Klopper's steely determination.
BHP offer must be in the ballpark according to RIO's CEO, so they need to make a big offer. BHP shareholders will accept because many are also invested in RIO.
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$109.91 |
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$109.70 | $110.46 | $108.94 | $66.76M | 608.9K |
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7 | 104 | 110.050 |
6 | 251 | 110.040 |
4 | 161 | 110.030 |
4 | 312 | 110.020 |
Price($) | Vol. | No. |
---|---|---|
110.080 | 24 | 1 |
110.100 | 71 | 3 |
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