No your not getting anywhere, your not going to persuade me to ignore facts and become sycophant who follows blindly!
Well allow me open your eyes!
Lets put ourselfs in a buyer postion at the big Superannuation Funds( the real movers of sp's), which management focus encourages to buy the IO Majors? (Put or keep them on the out perform list)
Management focus of controlling the IOP at a price closer to the low than the high to stop competitors getting a start, even though management is selling their owners product that is the highest grade at industry leading costs? (So competitors can't compete with managements owners product).
In a market demand that the majors together cannot satisfy demand from China, Japan and South Korea.
Do the sums.
IO sellers market! (Price is heading towards yearly high, inspite of management,nothing majors can do!)
Or,
Management focus of maximising returns on owners product, reaping the extra cash available and with sound management investing or saving this extra cash wisely?
Another member of the buffoon club? Can you believe some of these statements?, page-24
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Last
$39.22 |
Change
-0.335(0.85%) |
Mkt cap ! $198.6B | |||
| Open | High | Low | Value | Volume |
| $39.55 | $39.91 | $39.04 | $101.3M | 2.557M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 614 | $39.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.22 | 3890 | 15 |
View Market Depth
| Last trade - 14.38pm 18/09/2024 (20 minute delay) ? |
| BHP (ASX) Chart |