China NPC meeting 5-6th March and we're all waiting for the BIG...

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    China NPC meeting 5-6th March and we're all waiting for the BIG STIMULUS announcement over those two days.

    BHP also goes EX-DIV on the 6th, so tomorrow is the last day to buy in if you want to get it. Cherry on top will be China stim news on the same day cool.png


    Reminder of what happened last September when the I/O miners went ex-div and then China announced the first lot of stimulus news. That was just a warm up of what could be announced this week

    Last September when BHP went ex-div down to $38. Then with China stim news shot up to $46 in the same month.

    Not guaranteed to occur again but this two NPC meeting has HUGE POTENTIAL for big stimulus to be announced. Plus you get a div as a bonus on Thurs


    CHART BELOW:
    Div plus a bounce from $38 to $46 in September 2024. Not long to go to see if we get a repeat


    https://hotcopper.com.au/data/attachments/6851/6851830-fd25da1836170710d16c77f3e8e65f75.jpg
 
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Last
$37.34
Change
-1.000(2.61%)
Mkt cap ! $189.5B
Open High Low Value Volume
$37.96 $38.13 $37.28 $474.3M 12.62M

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