Any profit in this market is not to be sneezed at. I've endured three margin calls on BHP on the way down from its merry heights but I'm not overly concerned medium term. Anything under $20 in the next 2-3 years will look cheap. Oil glut is to balance 1st quarter 2017, Chinese economic fears overdone, US consumption holding up OK despite the dooms dayers IMO. There will still be some short term pain and increased volatility which will be good for the traders but I'm medium to long term and still see good value over that timeframe.
Bottoms In (at least in the short term), page-121
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Last
$40.94 |
Change
0.060(0.15%) |
Mkt cap ! $207.6B | |||
| Open | High | Low | Value | Volume |
| $41.13 | $41.24 | $40.86 | $262.2M | 6.390M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16 | $40.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.95 | 1333 | 1 |
View Market Depth
| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |