It's bad, but don't, of course, expect an 8% sell off here.
I don't buy the explanation that the EU has stalled the Rio takeover -- RIO has been trading some $13 below BHP's 3.4:1 offer.
What this does prove to me is the sheer unpredictability of the day-to-day market, if not hour-to-hour.
IMO most of 8% drop was catching up with our own falls on Monday and yesterday.
The ADR of $64.75 translates to an $AU 38.61.
Overnight cross trades here have ranged from $37.96 to $38.27.
On those trades a 2.5% drop is indicated.
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 (20min delay)
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Last
$40.29 |
Change
1.180(3.02%) |
Mkt cap ! $204.5B | |||
| Open | High | Low | Value | Volume |
| $39.82 | $40.40 | $39.67 | $580.8M | 14.56M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 745 | $40.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.29 | 35 | 2 |
View Market Depth
| Last trade - 16.14pm 18/07/2025 (20 minute delay) ? |
| BHP (ASX) Chart |