I've spent the weekend reading papers and there is a common thread that the market will fall much further because of the US uncertainty and possible recession.
BHP share price has fallen some 15% off highs in Nov. It currently has a PE of 12.9 on friday's close. IT will announce a bumper profit margin again with more to more in the coming years. I can't see it dipping much further.
Anyone else share the same view or am I naive on the consequences of a US fallout.
Appreciate other thoughts.
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$38.45 |
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Mkt cap ! $195.0B |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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1 | 3000 | 38.440 |
1 | 26 | 38.420 |
2 | 1745 | 38.410 |
9 | 3475 | 38.400 |
Price($) | Vol. | No. |
---|---|---|
38.500 | 135 | 1 |
38.540 | 350 | 1 |
38.550 | 200 | 1 |
38.700 | 13 | 1 |
38.720 | 426 | 1 |
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