re: bhp- timberrrrrrrrrr!!!!! BHP is simply going through what RIO went through 9 days ago.
The hedge funds run in early, destabilise the metal markets, stuff the shareprice irrespective of the quality of the production figures, then slowly reverse the situation over three days.
Its all fear and greed-with a bit of psychological pressure put into the marketplace by corrupt/incompetent sub editors placing spurious headlines in their write ups.
Have a good look at what happened with RIO. China etc has not changed-this will be a buying opportunity IMO.
Cheers,TAS
bhp- buy or sell?, page-21
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Last
$42.30 |
Change
0.760(1.83%) |
Mkt cap ! $214.5B | |||
| Open | High | Low | Value | Volume |
| $41.32 | $42.30 | $41.18 | $505.2M | 12.01M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1220 | $42.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.30 | 12134 | 2 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |