Just saying but look what happened the last time BHP attempted a major takeover/merger with Rio back in 07/08. Both share prices took a pounding, albeit the GFC was a factor but I fear that this is a sign that the top is in on the mining cycle now that the big miners are changing their capital allocation strategies to M&A. I fear this will have a negative rather than positive effect on BHPs share price. $100 not a chance before 2040 and a lot of inflation!
BHP $100 Target !, page-162
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Last
$42.64 |
Change
-0.065(0.15%) |
Mkt cap ! $216.6B | |||
| Open | High | Low | Value | Volume |
| $42.65 | $42.85 | $42.50 | $203.3M | 4.767M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 772 | $42.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.64 | 3021 | 27 |
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| Last trade - 13.41pm 18/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |