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!
Just saying but look what happened the last time BHP attempted a...
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Last
$42.68 |
Change
-0.470(1.09%) |
Mkt cap ! $216.4B | |||
| Open | High | Low | Value | Volume |
| $42.71 | $43.20 | $42.68 | $463.8M | 10.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13572 | $42.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.70 | 457 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BHP (ASX) Chart |