I held 6000 BHP shares in the early nineties after they took over Bluescope Steel. Share price was around $4. All shares I had was with the employee share plan at 1000 shares per year.
Along came China with the huge thirst for our resources and the rise of BHP began, then the joining with Billiton. Bluescope was spun off .
BHP price is in free fall. They are not immune to market conditions and some minnows have given investors huge returns. Especially some Australian gold stocks.
Lithium miner PLS has gone from 5 cents to 40 cents and presently trading at 28 cents.
If you placed 20 thousand dollars in PLS at 5 cents you would be singing at the moment. same for many graphite stocks.
Size of the company does not matter.
Its what investors can get in return for their investment.
You can stick with the so called blue chip stocks.
I will follow the real money making companies.
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Price($) | Vol. | No. |
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