I think It’s simply because BHP wont get decent margin from current spot price. The operating cost is just too high (carbon tax, aus dollar, wages standard etc) compared to other major producing countries like Kazakhstan or Canada.
maybe todays the day it starts, page-9
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $342.4M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $979.1K | 9.241M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 57 | 6971368 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 6801266 | 54 |
View Market Depth
| Last trade - 13.34pm 11/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |