Many years ago when I worked for BHP and I was thinking of selling my BHP shares to do a house renovation, a manager in our department told me that he believed BHP would soon reach a $100 share price. I listened to some degree and sold some but not all and I now wish I hadn't sold any at all. As you said while the current price isn't near $100, when you look at the value created through sales of assets, demergers and the continuing dividends generated from BHP & the demerged companies we would be well and truly greater than $100 in value. It could have been even better if a few of failures didn't happen (Magma copper, Shale Oil, Billiton etc ) however there are always going to be risks in investing in large mining companies.
Many years ago when I worked for BHP and I was thinking of...
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Last
$42.41 |
Change
0.030(0.07%) |
Mkt cap ! $215.0B | |||
| Open | High | Low | Value | Volume |
| $42.50 | $42.65 | $42.22 | $486.6M | 11.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 12579 | $42.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.45 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$42.40 |
Change
0.030 ( 0.01 %) |
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| Open | High | Low | Volume | ||
| $42.64 | $42.65 | $42.22 | 1987414 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| BHP (ASX) Chart |