re: News: Rio fails to score majority Riversd... Whoever is buying the stock now is protecting their bigger position to ensure that they get $16.50 for the large amount of shares tender into the bid.
It is buying insurance at no cost as anything below the $16.50 offer price would cover any holding costs and brokerage.
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Last
$117.18 |
Change
0.740(0.64%) |
Mkt cap ! $42.17B | |||
| Open | High | Low | Value | Volume |
| $116.80 | $118.65 | $116.59 | $175.1M | 1.490M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1117 | $117.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $117.34 | 492 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| RIO (ASX) Chart |
