$30 by Christmas is dreaming a bit I think but I don't think we'll be heading to $10 anytime soon, a lot hangs on whether the ore price can continue it's bounce and whether we see a cessation of the drama's in China...
Extremely short term I see a bit of consolidation from the recent spike bounce (excluding Mondaymid to short term I see a bit of recovery... mid term is hard to judge with multiple danger points (China, US interest rates, European union dramas, potential wars and other political problems) but longterm I don't really think you can go wrong at these levels.
Keep in mind this is coming from someone who picked up some puts on friday to try to trade a short-term pullback though lol
$30 by Christmas is dreaming a bit I think but I don't think...
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Last
$41.12 |
Change
0.240(0.59%) |
Mkt cap ! $209.0B | |||
| Open | High | Low | Value | Volume |
| $41.13 | $41.24 | $40.97 | $83.70M | 2.035M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 3406 | $41.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.12 | 3093 | 11 |
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| Last trade - 11.28am 22/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |