re: bhp down maybe it will get into the high $24s next week. But I certainly would not be short after the Xmas holidays (8 Jan)
BHP on current PEs is cheap and base metals will bounce back soon.
If the traditional New Year cheer gives the market the traditional January Bull run then 27.50 is the target. 10% in a month.
Those that wanted out for Xmas have already sold and now it will be the bargain hunters that buy.
iron ore price settlement, page-3
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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 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| BHP (ASX) Chart |