Net debt from M&A and CAPEX going to be quite a bit lower if iron ore holds around here. This is the level BHP and RIO mint $. I haven’t updated my models but if RIO held back on a much larger dividend from unexpected higher iron ore prices then I’d suspect its net debt could be nil again.
Looks like analysts have been slow to update there models on this.
Net debt from M&A and CAPEX going to be quite a bit lower if...
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Last
$38.76 |
Change
0.310(0.81%) |
Mkt cap ! $196.6B | |||
| Open | High | Low | Value | Volume |
| $38.59 | $38.83 | $38.33 | $295.0M | 7.627M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2919 | $38.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.79 | 3736 | 1 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| BHP (ASX) Chart |