Interesting post. Markets are made from differing points of view.
SMH 5 April - link below - says UBS values BHP at $32.,
Some are now looking to $50 over time.
Yes BHP has gone up but so have commodity prices and demand. Also I think with those price increases and the interest in Uranium more people now understand what a steal WMC was for BHP.
http://www.smh.com.au/news/xchange/bhp-hits-30-so-is-50-next-off/2006/04/04/1143916526498.html
bhp - rio - time to sell - take profit, page-2
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Last
$44.58 |
Change
-0.790(1.74%) |
Mkt cap ! $226.1B | |||
| Open | High | Low | Value | Volume |
| $44.51 | $44.65 | $43.97 | $414.4M | 9.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12 | $44.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $44.58 | 8261 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |