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$40.11 bhp group limited

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norah123

1,630 Posts.

141

09/09/24

04:47

Post #: 75584916
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Originally posted by Gindaldan: ↑

Those calling BHP at $25ish must realise that was the Covid low or the price in 2017 and 2016 (not the lows).

2016/17- we had the Samarco disaster, iron ore went to $40 on a flash crash and BHP had net debt at over US$30bn.

2020 - pandemic. Balance sheet by memory was still circa $USD20 bN odd and the world economy stopped….

2024. Net debt is under $US10bn. We make enormous amounts of free cashflow and iron ore is still in the $90s. BHP is the lowest cost producer in the world. NTA is off the top of my head circa $14 alone, but I’d dare say the real value of the infrastructure it owns is likely double that given inflation and we are using accounting depreciated figures.

If she goes to $25 something seriously bad has happened. I’ve been offloading overpriced bank stocks to continually top up large amounts here. Cannot believe the valuation differences (my view).

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have to compliment you on amazing trades truly exceptional timing well done

BHP Price at posting: $38.45 Sentiment: Buy Disclosure: Not Held
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(20min delay)
Last $40.11		Change 0.095(0.24%)		Mkt cap ! $203.2B

Open	High	Low	Value	Volume
$40.05	$40.25	$40.02	$128.0M	3.170M

Buyers (Bids)

No.	Vol.	Price($)
30	6170	$40.10

Sellers (Offers)

Price($)	Vol.	No.
$40.11	1743	14

View Market Depth

No.	Vol.	Price($)
12	4227	40.090
10	5362	40.080
11	4515	40.070
14	9529	40.060
8	4588	40.050

Price($)	Vol.	No.
40.100	5917	46
40.110	7658	14
40.120	3653	21
40.130	3929	16
40.140	3388	10

Last trade - 13.38pm 15/11/2024 (20 minute delay)

BHP (ASX) Chart

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