RIO 0.15% $113.75 rio tinto limited

Rio Tinto managed to lose 34.26% today, more than one third...

  1. RKS
    573 Posts.
    Rio Tinto managed to lose 34.26% today, more than one third wiped off its value.

    The interesting thing is that a similar sounding security - REO, also dropped 30%. It seems that anything that even sounded like Rio Tinto was hammered today...but REO dropped from 1c to 0.7c - RIO fell from $63.90 to $42.01, the volume (RIO) was 18 million shares worth $785 million, for REO it was 800,000 shares and a total value of $5,600.

    But REO could shoot up by 30% tomorrow, for RIO, that isn't going to happen :)

    Robert
 
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$113.75
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$113.51 $114.33 $113.34 $130.1M 1.137M

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2 1417 $113.75
 

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Price($) Vol. No.
$113.98 105 1
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