re: metals up "for every 1c drop in usd vs aud, subtract $60m from bhp net after tax profit"
No.
Its $US24m *before* tax.
Thats assuming that currency movements do not affect the price of $US denominated commodities or operating costs in the various countries of operation (which they do).
Anyway, considering BHP are on their way to a $US 20 billion Profit after tax .....
Its all in the Annual Report.
time to short, page-39
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Last
$42.66 |
Change
-0.040(0.09%) |
Mkt cap ! $216.3B | |||
| Open | High | Low | Value | Volume |
| $42.65 | $42.85 | $42.50 | $345.8M | 8.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 7200 | $42.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.67 | 2000 | 1 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |