didier
-"is that how you explain the 50c drop at the close of trade?"
Yes, that is exactly how i explain the 50c drop. For as I posted first thing this morning -
"There are a lot of high expectations around for the BHP results, $13bio plus profit, $3bio plus capital management return.
Let's hope they can deliver the above plus a bit more.
Market is so fickle these days that any company that delivers "just" expectations gets belted.
aka "Buy the rumour - sell the fact"??
and as Scottaru quite accurately added to my post -
"I've said it before, the generosity of any special dividend/capital management will decide things on the day... excellent results combined with stingy handouts to shareholders will be punished..."
The $3bio capital return was right on the lower end of market expectations
buy the rumour sell the fact, page-7
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Last
$41.56 |
Change
0.100(0.24%) |
Mkt cap ! $210.7B | |||
| Open | High | Low | Value | Volume |
| $41.31 | $41.56 | $41.02 | $239.0M | 5.777M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $41.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.57 | 9916 | 3 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |