ever is a long long time!!
there have been bigger more well established companies than BHP before - that no longer exist!!
no such thing as an invincible company. Have a look at the life cycle of companies, i think there's only about half a dozen, maybe a few more, companies that have been around for more than a few hundred years.
indeed to say that BHP shares will never ever go below $24 again is a very bold statement. its better to say 'its unlikely in foreseeable medium to long term that the price will fall sub $24'
monday, page-22
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Last
8,374.0 |
Change
73.800(0.89%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,300.2 | 8,446.4 | 8,300.2 |
| XJO (ASX) Chart |