As mentioned last week, RIO is in a lot of trouble and it would goes below $40 and has done so. Where to now ? Below $30 and less is not out of the question as it will keep dropping until they come out and announce a rights issue or share placement or just say they don't need to raise fund. Then the share price might stop dropping and consolidate.
As mentioned last week, RIO is in a lot of trouble and it would...
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Last
8,232.1 |
Change
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Mkt cap ! n/a | |||
| Open | High | Low |
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| XJO (ASX) Chart |