Right now they are quesitoning the longevity of the commodity bull market and growth forecasts in the emerging markets.
Until those doubts are resolved, then i cant see BHP clearing $40 and will likely just trade around these levels.
LT, there are few btter stocks globally.
ST, it will just trade around these levels imo. Maybe lower until Olympics finish
For me, its not a matter of what price but rather when. These are seasonally weak months for commodity's. Oct/Nov are much better.
chart , page-18
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Last
$40.67 |
Change
-0.270(0.66%) |
Mkt cap ! $206.2B | |||
| Open | High | Low | Value | Volume |
| $40.68 | $40.79 | $40.53 | $235.7M | 5.786M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 250 | $40.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.68 | 8347 | 2 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |