People are pannicking no doubt about it.
Definitely worth sitting on the sidleines for a little while.
Whilst the US may have a liquidity crisis, how does this affect the Chinese? who have more money than they know what to do with! a 30 billion trade surplus every month?
Intersting watching this meltdown though ! As some have said All Ords could drop another 500 points, with marginal calls and further US falls. Could luck to those with sh1tloads of cash.
At the end of the day it will matter little, when BHP is $90 odd in 2 or 3 years time. More buy-backs, oil price rises, nickel, compper and iron ore to continue to maintain strentgh, natural gas. The list goes on. IF the market continues to fall, good luck to BHP pefect time for some acquisitions with the cash it holds...
People are pannicking no doubt about it.Definitely worth sitting...
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Last
$42.06 |
Change
-0.930(2.16%) |
Mkt cap ! $213.4B | |||
| Open | High | Low | Value | Volume |
| $42.33 | $42.50 | $41.94 | $609.8M | 14.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5770 | $42.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.11 | 2807 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |