i don't think that at the moment you should be buying anything. Rio in particular had a spectacular run up to $35.50 and left plenty of gaps behind. The closest one at 32.20-32.60 caused a bounce today. RIO may go up tonight but over the next week or more you may see the bourses go down considerably and RIO along with them. The rising dollar - possibly pausing at mid 70's- will put pressure on australian resource companiesas well. Cash is king or be short. (RIO's good buying below $28 IMHO)
kman
time to buy, page-3
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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 |