I agree with trader_10. In the same way gold is a store of value and safe haven against money printing/inflation, to a degree so are the large diversified miners. The assets are real (in the ground) and cannot be reproduced as fast as money printing, hence are a store of value. The market will so realize the core value of this company, it always does. If we look at financials, they are the ones with doggie level 3 assests and writedowns, whilst BHP has record profit and production. Its really a no brainier if you had to choose one over the other. IMHO
im in now, page-12
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Last
$39.97 |
Change
0.760(1.94%) |
Mkt cap ! $202.9B | |||
| Open | High | Low | Value | Volume |
| $40.07 | $40.25 | $39.87 | $265.6M | 6.457M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 2665 | $39.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.98 | 460 | 5 |
View Market Depth
| Last trade - 13.28pm 16/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |