Barring some other mine disaster or renewed commodity price collapse to new lower lows I think $11-$12 will be the floor. It will take a trend reversal in one of the commodities (oil, copper, coal or Iron Ore) to go the other way. Safe entry below $15 for long term. I will jump at $13.XX today.
My prediction is late 2016 oil price recovery to $65 will be the beach head to change. Coal and other energy sources to follow oil with 6 month lag. Iron ore to stay $40-$50 next 5 years with all the 2nd tier marginal producers one by one collapsing.
Within 3 years BHP to be $30 is my bet.
Is it a 12 week?, page-4
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BHP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$42.68 |
Change
-0.470(1.09%) |
Mkt cap ! $216.4B | |||
| Open | High | Low | Value | Volume |
| $42.71 | $43.20 | $42.68 | $463.8M | 10.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13572 | $42.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.70 | 457 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BHP (ASX) Chart |