Lol, I love it when people prove my points. From before:
"Market psychology really is fascinating. I have spoken with numerous people (TOO MANY) who tell me "no way, its too dear at $60 per share" without any regard at all for market cap or EPS. they all seem more happy to buy $5 and $10 shares."
And Dull just walked right into it. Also, Sandma do you wanna take another look at that "BHP has a MC of 138 Billion"? Remember the rules for looking at MC's of dual listed stocks. The MC of ASX listed shares is $138B. How about london? Berlin? etc.
I cant be fagged looking it all up, but the combined rio/bhp was est'd at $400B prior to the announcement. I can only guess that BHP's MC is closer to $220B.
Makes FMG look a bit better at just $16B.
buddy, page-32
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Last
$22.10 |
Change
0.100(0.45%) |
Mkt cap ! $68.04B | |||
| Open | High | Low | Value | Volume |
| $21.99 | $22.22 | $21.87 | $84.79M | 3.834M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9803 | $22.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.11 | 10620 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |