gassin,
What would you have BHP and RIO do, instead?
Not expand their business?
Not produce and sell more iron ore?
Not create demand for more jobs and services?
Not increase their profits and dividends?
Not pay more tax and royalties?
For this is what For-Profit enterprises are mandated and sanctioned - by progressive societies and governments - to do.
To grow their businesses profitably.
It's what CBA, WOW, TLS, WES, RMD, RHC, ANZ, TAH, Google, Apple, Microsoft, GE, HSBC, Vale, Anglo American Corp, etc. etc, all do.
It's the Capitalist way.
What alternative do you propose?
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Last
$39.60 |
Change
0.790(2.04%) |
Mkt cap ! $200.9B | |||
| Open | High | Low | Value | Volume |
| $39.19 | $39.87 | $39.10 | $371.9M | 9.393M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 10101 | $39.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.60 | 18075 | 2 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| BHP (ASX) Chart |