im not a bear at all , ill go long when price dictates , that certainly isnt now. just amazes me on HC how everyone has a side . money to be made in both directions . sooner you work that out the better. we cant get them all right but as my signature says manage the possibilities
posted this 11 days ago . price 31.70
"while demand is low its in BHP,s best interests to keep production levels up , whilst it wont help commodity prices and it keep the pressure on RIO who are highly leveraged and at the mercy of credit markets . BHP are looking mean and lean compared to RIO and it wouldnt surprise if BHP have this in mind by not scaling back . way better to pick up select pieces of RIO at firesale than buy the whole lot warts and all at the top of the boom . technically looks like BHP is a sell in the short though and certainly better prices will be available for swing traders imo . "
......... bris
production report, page-41
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Last
$40.86 |
Change
0.650(1.62%) |
Mkt cap ! $207.2B | |||
| Open | High | Low | Value | Volume |
| $40.65 | $41.02 | $40.32 | $321.8M | 7.877M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1456 | $40.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.87 | 1230 | 2 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |