brazil has had about $1 in the drop - i really wouldnt place much weight on that,
the dividend debate has had much more impact than brazil - albeit brazil probably helped add weight to the dividend debate
the issue i have is that iron ore has strong potential to dive below us40 and does oil - with the us rate hike.
and personally i see bhp as so overvalued compared to other resources stocks - id prefer it to drop again before my super fund would buy it
but on a pure technical trade - i agree - buy now - put stops in around $19.50 - and if the commodities take it lower regroup on small loss
Trevor Sykes: BHP is a red hot buy, page-57
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Last
$43.90 |
Change
0.620(1.43%) |
Mkt cap ! $222.7B | |||
| Open | High | Low | Value | Volume |
| $43.28 | $44.06 | $43.25 | $361.0M | 8.220M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 508 | $43.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.90 | 5100 | 2 |
View Market Depth
| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |