re: Ann: RIO: Institutional Acceptance Facili... I would have to disagree with you on that one angor532. IMO RIO would rather go unconditional at $16 soon than keep on extending the offer. The market got a whiff of an alternate bid in Dec/Jan and was at $17 for a significant amount of time. This time around the market is still not quite right. RIO will not get to 50.1% by Monday 7pm. The share price should fall back to $16 on Tuesday and RIO should release another announcement on Monday morning advising of the latest % increase. Perhaps the market will correct itself on Monday but if there isn't an adjustment downwards we will cash in our chips. Good luck mate.
Cheers ER
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Last
$117.18 |
Change
0.080(0.07%) |
Mkt cap ! $42.17B | |||
| Open | High | Low | Value | Volume |
| $116.77 | $117.70 | $116.46 | $85.14M | 726.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 394 | $117.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $117.19 | 1831 | 1 |
View Market Depth
| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| RIO (ASX) Chart |
