China wants to dump their US dollars and quick!
Where better to dump them than into our resource stocks.
Chinalco is an Aluminium company. RIO bought Alcan for around US40b. So I would expect the final deal to be worth US$40b.
(Asset sale in disguise. Good riddance!)
tell swan what u think, page-11
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Last
$117.48 |
Change
2.820(2.46%) |
Mkt cap ! $43.61B | |||
| Open | High | Low | Value | Volume |
| $115.80 | $118.26 | $115.09 | $298.9M | 2.551M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16 | $116.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $117.48 | 10183 | 2 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |