If China starts helping Russia by supplying arms or freeing up money the world will be a different place. The Australian government seems to have stated that they will back any US sanctions against China if they China supported the Russians. Could you imagine if those sanctions included supply of raw materials that are a large part of the Australian economy and a major supply canal for China's vast manufacturing base. There wouldn't be a safe place for anyone's money, no wonder the BHP share price continues to fall even though it is a very, very, unlikely scenario.
I can't see China risking disruption to it's manufacturing industry and the hundreds of millions jobs even to help one of it's few friends. IMO
Commodity Concern, page-35
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Last
$40.75 |
Change
0.220(0.54%) |
Mkt cap ! $206.2B | |||
| Open | High | Low | Value | Volume |
| $40.70 | $40.90 | $40.45 | $130.9M | 3.219M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 3972 | $40.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.76 | 6424 | 20 |
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| Last trade - 14.22pm 30/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |