Wow CHYSS you are really looking at the macro issues here. Iron ore is a big deal in the Australian economy and I can see why you would tend to look carefully at the world macro issues and how they affect manufacturing particularly and of course foreign exchange rates. However no matter what happens economically the lower cost better grade ore companies will be better than most. The cream always rises to the top despite the quality of the milk - just might not be as much of it. BHP has a long and profitable history and I do not need to harp on that as other posters have pointed that out ad infinitum. IMO it is just a matter of looking at the fundamentals and if you want to remain in the market regardless of the macro issues BHP is perhaps a shining star.
Wow CHYSS you are really looking at the macro issues here. Iron...
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Last
$42.91 |
Change
-0.150(0.35%) |
Mkt cap ! $217.6B | |||
| Open | High | Low | Value | Volume |
| $43.31 | $43.33 | $42.83 | $238.5M | 5.542M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3226 | $42.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.92 | 9941 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$42.93 |
Change
-0.150 ( 0.31 %) |
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| Open | High | Low | Volume | ||
| $43.29 | $43.33 | $42.84 | 669410 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| BHP (ASX) Chart |