Fmg will be the winner at the sector in the long term.
Rio would be a loser in the future if they do not change their long-term strategy to deal with Chinese mills. what Rio have done are so short sighted, with a very limited outlook. Rio win once but will lose more chances in the future.
taking advantage of your biggest customer when he is in trouble. what do you expect when the customer is fit and in good condition? you will be the first to be dumped out of the window.
It is never too late to learn. Fmg is the role model. then Rio's sp will soaring.
why the drop on rio, page-6
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Last
$120.60 |
Change
0.700(0.58%) |
Mkt cap ! $44.76B | |||
| Open | High | Low | Value | Volume |
| $121.07 | $121.95 | $120.46 | $118.6M | 980.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40 | $120.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $120.88 | 538 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |