BigRoddy,
You seem very confident of the prospects for bhp's share price...
Just a suggestion but check out a bhp monthly chart... It seems to me that bhp doubles in price roughly every ten years, but the last couple of years it's gone through the roof... Boom time and all that.
I expect that in the next year or two bhp will go back to about 16. Maybe it'll get back to 40 before then, but I don't think that can happen in the next couple of months.
The trend is down and the 8's seem to have it... 48 down to 40 with a 50% bounce. Then 40 down to 32 with another 50% bounce... accelerating all the way so I think we'll see 24 soon.
Might be worth keeping in mind that bhp more than halved in the 87 crash.
profit, page-2
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Last
$43.43 |
Change
-0.470(1.07%) |
Mkt cap ! $220.3B | |||
| Open | High | Low | Value | Volume |
| $43.75 | $43.82 | $43.43 | $279.5M | 6.424M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5828 | $43.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.45 | 75000 | 2 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |