re: why so cheap compared to rio? BHP's oil division suffered a setback with Hurricane Katrina in America. Oil price also went towards US$55 2/3 months ago, before rising back above US$60.
RIO's share price has been boosted by a sizeable on-market buyback program on the LSE.
I reckon once BHP starts its on-market buyback on the LSE (up to 10% of BHP Billiton PLC's share capital approved to be bought back, in the recent AGM), BHP's share price will outperform RIO during that coming timeframe.
Next critical factors - iron ore pricing and coal pricing for 2006.
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Last
$40.27 |
Change
-0.500(1.23%) |
Mkt cap ! $204.9B | |||
| Open | High | Low | Value | Volume |
| $40.42 | $40.62 | $40.19 | $123.0M | 3.050M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 7307 | $40.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.27 | 1997 | 17 |
View Market Depth
| Last trade - 14.18pm 17/09/2025 (20 minute delay) ? |
| BHP (ASX) Chart |