Possibly.
But things still get valued on PE, and both Mac Bank and BHP and RIO are all good "value".
The reason why the miners get sold down, is the same reason as why commodities get sold down.
Its all because of the need for liquid cash. That's all.
No other reason. People need to gain liquidity, so they sell everything indiscriminately.
But should provide good buying soon.
I luckily went long yesterday...hahaha. What an iddiot!
dow down again, page-20
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Last
$40.86 |
Change
0.650(1.62%) |
Mkt cap ! $207.2B | |||
| Open | High | Low | Value | Volume |
| $40.65 | $41.02 | $40.32 | $321.8M | 7.877M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1456 | $40.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.87 | 1230 | 2 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |