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
$42.78 |
Change
0.030(0.07%) |
Mkt cap ! $216.9B | |||
| Open | High | Low | Value | Volume |
| $42.92 | $43.08 | $42.62 | $778.2M | 18.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $42.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.81 | 119112 | 3 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| BHP (ASX) Chart |