Well if the iron ore and oil price keeps dropping and their market for iron ore slows down ie: China, then the price could fall further.
Its a slippery slope atm but all brokers loved the stock because its an old school stock and everyone holds it in their smsf or share portfolio.
Remember when people used to say, BHP is a safe stock its on the top 50 stocks.
$12 target, page-129
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Last
$42.66 |
Change
0.030(0.07%) |
Mkt cap ! $217.3B | |||
| Open | High | Low | Value | Volume |
| $42.95 | $43.20 | $42.59 | $106.0M | 2.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 331 | $42.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.67 | 1218 | 12 |
View Market Depth
| Last trade - 14.24pm 06/11/2024 (20 minute delay) ? |
| BHP (ASX) Chart |