IO is not creeping up. It is flat and simply fluctuating around 50-60USD/t.
Also BHP has paid 2 dividends (from profits) in that time so it's not 'down' $10. If anything it would be closer to 3/4 of that. That said, the ASX200 has lost a similar percentage from 6 months ago so the loss in BHP share price can't be isolated to the performance of the IO industry. Further, the company still makes a profit at these IO prices regardless of its share price.
Ann: Funding Agreement with Timis Mining Completes, page-14
Add CLE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.73M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| CLE (ASX) Chart |
Day chart unavailable