re: metals up "for every 1c drop in usd vs aud, subtract $60m from bhp net after tax profit"
No.
Its $US24m *before* tax.
Thats assuming that currency movements do not affect the price of $US denominated commodities or operating costs in the various countries of operation (which they do).
Anyway, considering BHP are on their way to a $US 20 billion Profit after tax .....
Its all in the Annual Report.
time to short, page-39
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Last
$44.74 |
Change
1.380(3.18%) |
Mkt cap ! $227.0B | |||
| Open | High | Low | Value | Volume |
| $44.35 | $44.86 | $44.27 | $675.0M | 15.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 60000 | $44.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $44.75 | 3245 | 8 |
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| BHP (ASX) Chart |