Interesting post. Markets are made from differing points of view.
SMH 5 April - link below - says UBS values BHP at $32.,
Some are now looking to $50 over time.
Yes BHP has gone up but so have commodity prices and demand. Also I think with those price increases and the interest in Uranium more people now understand what a steal WMC was for BHP.
http://www.smh.com.au/news/xchange/bhp-hits-30-so-is-50-next-off/2006/04/04/1143916526498.html
bhp - rio - time to sell - take profit, page-2
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Last
$41.19 |
Change
-0.370(0.89%) |
Mkt cap ! $208.8B | |||
| Open | High | Low | Value | Volume |
| $41.38 | $41.53 | $41.15 | $305.6M | 7.403M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 802 | $41.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.25 | 2000 | 1 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |