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perthzed 06-02-2008 03:21 PM

Rio Tinto shares
 
How will Rio shares be affected if the BHP Billiton bid is successful?

BLUES 06-02-2008 03:32 PM

They will disappear.

perthzed 06-02-2008 03:35 PM

[QUOTE=BLUES]They will disappear.[/QUOTE]

Sorry stupid question. What I meant was what are BHP offering for them?

MY99 06-02-2008 03:38 PM

One would receive 3.4 BHP shares for 1 RIO share at the current offer.

BALISTC 06-02-2008 03:38 PM

[QUOTE=perthzed]How will Rio shares be affected if the BHP Billiton bid is successful?[/QUOTE]

Could be positive, could be negative...depends on how much the bid is and of course, the sentiment of the investors.

saturation 06-02-2008 03:39 PM

3.4 is still undervaluing Rio. Doubt it will get accepted.

slappy 06-02-2008 03:42 PM

is going to happen eventually...

MKVIGTI 06-02-2008 03:50 PM

I can see those of us in the share savings scheme will get screwed over somehow on this deal if it goes through.

Might just have to take out he cash and get some Perrin Headers :D :D :D

saturation 06-02-2008 03:55 PM

I would assume youll get the cash regardless I guess it all depends on when you started the scheme.

trainwrex 06-02-2008 04:15 PM

i think to be successfull the offer needs to be 4.25 BHP shares to 1 RIO share..


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