The Chinalco and Alcoa's stake equates to just under the 10% blocking stake. This amount for political reasons, can't be seen for what they are. Using soveriegn wealth as a weapon.
They certainly have the money. Go figure.
All they need is a pal who owns 1.1% who won't accept the BHP bid and the takeover is dead in the water.
Figure BHP are beaten and they know it. Champagne in the RIO boardroom today.
Climate Change
( Yes it does)
The Chinalco and Alcoa's stake equates to just under the 10%...
-
- There are more pages in this discussion • 46 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
$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 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RIO (ASX) Chart |