Hi Georgeaux,
Being hit pretty relentlessly. IMHO!!!
The Katrina OIL and GAS loss.
Combine that with the overall jittery market with the
lack of direction by the US.
Selloff last week.
Inflation worries.
On the bright side.
It appears oversold.
Copper prices still moving north.
Overall demand is still strong for resources.
Instos will look for strong asset based companies to park their superfunds.
I think it was Merryl Lynch early this week raised BHP's price to $25 because of the very strong demand continueing from China.
Could be a good opportunity for the next run up.
The difficulty is picking the bottom.
Cheers markco2
why the sell down ?, page-2
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Last
$44.05 |
Change
0.150(0.34%) |
Mkt cap ! $223.4B | |||
| Open | High | Low | Value | Volume |
| $44.14 | $44.23 | $43.78 | $364.1M | 8.273M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | $44.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $44.06 | 16778 | 5 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$43.95 |
Change
0.150 ( 0.56 %) |
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| Open | High | Low | Volume | ||
| $44.10 | $44.23 | $43.78 | 2407471 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| BHP (ASX) Chart |