BHP 4.08% $41.63 bhp group limited

BHP $25 by FEB, page-109

  1. 3,582 Posts.
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    mate I've been trading and investing for over 20 years, and made a lot of money from BHP before the 2008 GFC.
    yes there was that dam disaster.
    but other mining companies share prices crashed a lot in 2014 - 2016 also, due to falling commodity prices.
    eg MIN fell from $12 to below $4
    RIO fell from $70 to below $37
    FMG fell from over $5 to about $1.40
    were they affected by Samarco ???
    so my point was that there is no need for a general market crash ( 1929 style ) in order
    for mining company shares to fall a lot. as happened in 2014 - 2016 when the XJO fell about 20%
    but mining shares fell by a lot lot more.
    commodity prices tend to be very cyclical.
    BHP is a great company but periods of large share price falls are to be expected with mining companies.

    Last edited by woollydog: 05/10/22
 
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Last
$41.63
Change
-1.770(4.08%)
Mkt cap ! $211.2B
Open High Low Value Volume
$42.00 $42.20 $41.58 $447.3M 10.70M

Buyers (Bids)

No. Vol. Price($)
7 1239 $41.60
 

Sellers (Offers)

Price($) Vol. No.
$41.63 14534 2
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