agreed, however I expect a billion or 2 writedowns in O&G. I think we will see a dividend circa AUD$0.90-$1.00.
Iron ore won’t hold at this level, and when it falls FMG will drop like lead and RIO will fall further than BHP. Just hoping for my shares and Australians tax revenue this doesn’t happen for a few years with the world out of COVID and POO back. So O&G May save a massive fall in BHP. RIO well it’s got issues everywhere except iron ore, so the fall will be harder.
BHP $38.20 breakout - Target $40.30, page-10
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Last
$41.76 |
Change
-0.900(2.11%) |
Mkt cap ! $211.7B | |||
| Open | High | Low | Value | Volume |
| $42.02 | $42.09 | $41.75 | $565.3M | 13.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 176 | 109821 | $41.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.80 | 17792 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |