I don't think there is a correlation between the colour of a government and the price if BHP. Government-regulated enterprises like gambling maybe.
BHP is a global enterprise relying on global events far outside the scope of the Australian Government.
You're probably thinking of mining tax. I've lost track of the number of charts I posted back then showing absolutely no correlation between price and tax.
This chart only goes back a few years.
bhp, page-4
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Last
$42.10 |
Change
0.910(2.21%) |
Mkt cap ! $213.5B | |||
| Open | High | Low | Value | Volume |
| $41.88 | $42.29 | $41.69 | $360.3M | 8.529M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 9922 | $42.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.12 | 11345 | 2 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |