Hi,
I have a Chinese connection who has contacts in China.She has been involved in sourcing iron ore on the spot market for one of the mills. I discussed stockpiling and possible oversupply. She indicated that this was not true. There is a big demand in China and prices are not about to drop. BHP knows this and they will give an indication of what price ore will be sold at. No need to worry fellas. Any downturn in BHP's price will be influenced by the Americans going into another financial crisis.
I am holding out for the dividend and an increase to +39.
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Last
$41.51 |
Change
1.050(2.60%) |
Mkt cap ! $210.7B | |||
| Open | High | Low | Value | Volume |
| $40.89 | $41.69 | $40.77 | $470.8M | 11.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1473 | $41.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.51 | 171 | 1 |
View Market Depth
| Last trade - 16.18pm 22/07/2025 (20 minute delay) ? |
| BHP (ASX) Chart |