The impact of a lower AUS dollar....
" BHP Billiton Limited (ASX: BHP) has estimated that each one cent change in the AUD/USD exchange rate has a $100 million impact on net profits."
This may help off set the lower iron ore prices, but im guessing the chart knows better.
http://www.********.au/2014/07/29/4-top-stocks-to-profit-from-a-lower-australian-dollar/
BHP on the way down to 20 dollars, page-6
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Last
$39.01 |
Change
0.350(0.91%) |
Mkt cap ! $196.1B | |||
| Open | High | Low | Value | Volume |
| $38.75 | $39.01 | $38.71 | $24.87M | 640.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 809 | $39.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.01 | 440 | 4 |
View Market Depth
| Last trade - 10.12am 11/09/2024 (20 minute delay) ? |
| BHP (ASX) Chart |