Hi DOVerdyes I was wondering the same point but , right or...

Hi DOVerd
yes I was wondering the same point but , right or wrong, decided to hold off
there is no real volume
also the fa is an issue
bhp forecast last year subdued commodity prices and returns until about 2028 and they have the best information and analysts in the business
the fall as i expect you know is due to their latest news of an 81% drop in net revenue. their revenue is actually up but expenses with inflation have outstripped revenue creating lower returns
time will improve it but may be a long road back

bhp is still paying a divvie and i am not worried for my bhp holdings. i may be able to buy more later on so holding off

it also does not mean commods are dead. bhp revenue has increased and some are in a better position to take advantage of it
sfr has held its $6 low and now holding $7 plus level
hch minnow has support coming in so could still be a good year

but also across the board the goldies have held up with revenue and managing inflation and more expensive costs and some will start blossoming as they shed expenses
some though wont make it

let me know what you see happening
if copper iron ore and gold and silver do rise then it is a different dynamic
this quarter it is the consumer stocks like wbc mqg and jbh blossoming
next quarter who knows