Another way of looking at it is comparing RIO with BHP. Back in 2003 before the big boom A$30 seperated RIO and BHP, so add $30 to BHP's price and you get an idea of what RIO should be, less the debt that they took on with Alcan purchase. However if they are going to hold their dividend, pay down the debt aggressively, then the $30 gap may be realistic.
up 29.29% in ny, page-9
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Last
$110.09 |
Change
1.690(1.56%) |
Mkt cap ! $40.86B | |||
| Open | High | Low | Value | Volume |
| $110.42 | $111.63 | $109.38 | $294.4M | 2.619M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 317 | $110.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $110.40 | 100 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| RIO (ASX) Chart |