Sleep is a good idea, Mong. Reckon ("hope" might be a better word) we have seen the lows, the world will get used to 140 oil. There are only 14 cities in China with over 5 million population. Economic studies have shown how mega cities with ultra dense population does wonders for the gdp, everything is so much more efficient, the transport, the services - no tyranny of distance. The Chinese should be rethinking their urban development and not opt to put their walmarts 10 kms from where people live. Now a dense population naturally rise- as in high-rise meaning steel-reinforced structures. Just been thinking that BHP/RIO iron ore really has big energy component to it- that is, the energy for freight. What an energy company the big fella is - oil, gas, met. coal and therm.coal, and shipped-iron ore. Should be rerated to say Woodside's PE.
Sleep is a good idea, Mong. Reckon ("hope" might be a better...
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Last
$42.68 |
Change
-0.470(1.09%) |
Mkt cap ! $216.4B | |||
| Open | High | Low | Value | Volume |
| $42.71 | $43.20 | $42.68 | $463.8M | 10.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13572 | $42.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.70 | 457 | 1 |
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| BHP (ASX) Chart |