Vale reported quarterly profit down 59% last night, shows how useless PEs are with miners. BHP a little better diversified, even so.
Iron ore fell below $120 yesterday. This is worth a read:
http://ftalphaville.ft.com/blog/2012/07/25/1093881/steel-yourself-for-an-exciting-time-in-iron-ore-prices/
what was wrong with the result?, page-59
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Last
$44.21 |
Change
0.405(0.92%) |
Mkt cap ! $224.1B | |||
| Open | High | Low | Value | Volume |
| $44.37 | $44.39 | $44.08 | $76.74M | 1.734M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 324 | $44.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $44.21 | 311 | 5 |
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| Last trade - 13.20pm 15/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |