RIO 3.30% $113.66 rio tinto limited

tell swan what u think, page-6

  1. 31,084 Posts.
    BHP pulled out of the RIO deal, RIO has quite a few debt issues, Chinaclo and its allied companies bring cash to the table, if the chinese company gets certain assets then so be it , heck they will create investment here in australia and the WA government is increasing its royalty payments on both BHP and RIO. So we claw something back, the chinesse take greater risk and theres still a lot of speccies out there. DOnt forget RIO has large international shareholders as well.

    So its not all one way its just a new part of the mix, so chinesse get on board get a slightly lower price in annual talks. SO be it the funds that come back into australia will be free to float to other mid caps
 
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$113.66
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