I think the biggest effect on BHPs price will be oil & copper. Both potentially very sensitive to the world economic growth rate. OPEC may keep the price of oil up, but I think it likely they will let it fall to $60-$70 barrel to stimulate growth. Copper demand must fall because of the US housing decline.
will bhp fall further, page-4
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Last
$41.60 |
Change
-0.475(1.13%) |
Mkt cap ! $211.0B | |||
| Open | High | Low | Value | Volume |
| $41.57 | $41.84 | $41.31 | $173.4M | 4.173M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 2154 | $41.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.60 | 1267 | 15 |
View Market Depth
| Last trade - 14.02pm 30/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |