BDI is irrelevant. What matters is;
- Iron ore will be down 20-40% in the new contract
- coking coal will be down 50-60% y-o-y
- base metals won't be up anytime soon
- manganese and chrome are already down 30%+, who knows where thats heading
- petrol is cheaper than milk again, last time probably when Keating was at the reins
- Ravensthorpe sucked 50% f the half year profit. This half year profit (before abnormals) will not be repeated again for a couple of years, if ever.
- Worsley is a stinking dog. Prepare for $3Bn of pain.
- yabulu is a hooker with no clients. Prepare for more pain.
- God alone knows whats next. Cannington? A few diamond mines? Chilean copper?
Yeah conix, its really a great time to buy into a great sucker rally on BHP.
BDI is irrelevant. What matters is;- Iron ore will be down...
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Last
$40.80 |
Change
0.590(1.47%) |
Mkt cap ! $207.0B | |||
| Open | High | Low | Value | Volume |
| $40.65 | $41.02 | $40.32 | $251.3M | 6.152M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 12622 | $44.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.74 | 19326 | 3 |
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| Last trade - 15.59pm 09/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |