They don't say that commodity bull run is very long. There are hundreds of infrastructure projects going on in China and elsewhere in the world, they all need metal. There will be speed humps like covid wave, Ukraine war, rate increase, etc... none of which will shut down the infrastructure projects already started or committed to.
On the supply side, BHP has been smart enough to control the tap flow based on demand to keep the price up.
$45 ex div is a great price to enter/re-enter. I am surprised it fell to this level.
They don't say that commodity bull run is very long. There are...
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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 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| BHP (ASX) Chart |