Every time resource prices start to get going the media come out with stories about China's demand slowing down. I now take this as a trigger to buy. About 2 months ago China supposedly had all the copper they wanted and all copper stocks were doom and gloom. now the copper price is up another 20% approx. I know it's my simplistic view but lately going against the tide seems to work. Today looks a good day to buy RIO.
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Last
$120.96 |
Change
1.060(0.88%) |
Mkt cap ! $44.90B | |||
| Open | High | Low | Value | Volume |
| $121.07 | $121.95 | $120.46 | $73.79M | 609.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 462 | $120.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $120.96 | 15 | 3 |
View Market Depth
| Last trade - 15.56pm 09/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |