You didn’t sell then
Happy Friday. It’s usually pretty predictable in terms of it being a cyclical stock, but still macro economic and other outside influences can have an impact.
It seems to be £65 to £58 is it’s max it hits before you have the drop that lasts months. That’s just from expanding the graph and guess work.
Its the China package causing l this so it’s going to run out of steam at some point and with everything falling valuation wise ehs might rips new high point be? Maybe £55 or £54?
Roll the @Kiava and let’s see
What’s your predictions lol
my prediction is a high of £61.20. what’s yours?
All good here. I think I’ll long term hold from now on. I’ll buy more if or when we go under 50.
Do you reckon Rio would benefit from a Buyback?
I said mine above maybe 55 to 54 I not sure it depends if we finally get drive in the world then it could go back to the high 60s
Wasn’t expecting that fall off last 24 hour. Hopefully settles
You wishing you sold encase it starts on a drop for a few month hehe
Only for a moment an then think opportunity possibly
Big news this morning. Bit busy this am to read more but bought a company paying90% more per share than previous weeks value
So Rio Tinto are acquiring Arcadium Group a big player in the Lithium industry in an all cash deal.
I’m happy for the diversification but can’t help thinking a 90% premium on current sp is a bit much? They must be very confident in lithium prices going up soon.
Well a few pod casts I listen to sold a good few stocks to make a copper holding etc bevause the China stimulus.
I always say surly if world wide their wanting more wind farms,EVs and everything else that they will be needing any mineral they can get.
Hmm back under 50 a share again? This might be back on my top up list particularly if we go back to 46 47 per share
Just sold a few of my shares this morning, happy to top slice for a few quid profit. I’m keeping the rest as a core holding, I got them too cheap to give up now. Part of me wishes I’d done the same with Lloyds and Phoenix (I’m too precious over these holdings).
Oh dear why are all my shares dropping today? I thought at least Rio would be a safe bet
Had to top up with a couple more today.
Very good. You’ll do well at these prices. If we are still here by pay day I’ll buy some more