BHP 0.90% $43.56 bhp group limited

Thanks Guru, I am beginning to think $35 could happen. In rough...

  1. 88 Posts.
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    Thanks Guru, I am beginning to think $35 could happen.
    In rough terms:
    BHPOil value of say $23b in terms of WPL shares given away.
    5B BHP shares on issue means $4.60 drop in underlying value to say $42.80
    If you think the market could fall another 10% due to interest rates, gives a share price of around $38 to $39.
    Less any fall in value due to earnings reduction from disposal of high earning fossil fuel assets, a moderate fall in Iron Ord demand in China and delay in new earnings coming on board, then we could have a $35 share price is possible before the end of 2022.
    But I would like to see how Liberum Capital Ltd got there.
    My interest is because I sold some months back around these levels and would like an opportunity to buy back in as a long hold.

 
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