If this breakout was based on BHP "being targeted for an overhaul by activist investor Elliott Management," then what happens if BHP announces, "Yeah, nah, we aren't going to risk long-term security for short-term gain, but thanks for the suggestion"? Activist investors can easily have a big impact on small companies, but BHP is a global giant. There again, it caused BHP to rise over 4% today.
If this breakout was based on BHP "being targeted for an...
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Last
7,749.0 |
Change
27.400(0.35%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,721.6 | 7,768.5 | 7,721.6 |
| XJO (ASX) Chart |