Yeah looks like patience rewarding. USA ADR and the fx rate put BHP around 42.40s today.
Probably worth remembering the sub $40s was when global markets were trashed, they’ve rebounded significantly since then. Sub $40 would be a gift in my view. Copper going 6 month lows yesterday hurting miners. Long term I personally just see this as a blip.
Agree debt ceiling deal will likely rebound copper and this stock. But markets being markets, always create opportunities.
****************** BHP GROUP LTD (BHP) CHART ******************, page-102
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Last
$41.76 |
Change
-0.900(2.11%) |
Mkt cap ! $211.7B | |||
| Open | High | Low | Value | Volume |
| $42.02 | $42.09 | $41.75 | $565.3M | 13.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 176 | 109821 | $41.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.80 | 17792 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |