I don't think there is a correlation between the colour of a government and the price if BHP. Government-regulated enterprises like gambling maybe.
BHP is a global enterprise relying on global events far outside the scope of the Australian Government.
You're probably thinking of mining tax. I've lost track of the number of charts I posted back then showing absolutely no correlation between price and tax.
This chart only goes back a few years.
bhp, page-4
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Last
$40.18 |
Change
-0.150(0.37%) |
Mkt cap ! $203.8B | |||
| Open | High | Low | Value | Volume |
| $40.20 | $40.35 | $40.05 | $77.57M | 1.931M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 2293 | $40.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.18 | 1687 | 20 |
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| BHP (ASX) Chart |