From memory BHP was $8 - $9 way back in 2002 ish. Copper was 1/3 then what it is now, and china wasnt on the radar. Copper pundits got excited if US home building looked like going up a percent or two, for a flow on effect of a couple of percent in the copper price. Rio was around, and Xstrata. But I struggle to recall any others of significance. OXR must have been a micro-cap.
$12 is quite possible if china goes back to being a land of rice paddies. They have been encouraging supply like no tomorrow the past few years.
Not gunna happen.
price target of 12 after profits fall, page-13
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Last
$42.60 |
Change
-0.180(0.42%) |
Mkt cap ! $216.1B | |||
| Open | High | Low | Value | Volume |
| $42.77 | $42.91 | $42.52 | $155.5M | 3.647M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6565 | $42.56 |
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| Price($) | Vol. | No. |
|---|---|---|
| $42.65 | 9609 | 2 |
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