I hope not Mongo,But bhp was traveling nicely before eh..what was his name? announced the super tax.
But i think if the tax is dumped we will see a 8%-10% upside on BHP price.
Don't forget those billions that BHP has to pay on tax, will come of the bottom line!
If BHP can earn 3-4-5 extra billion (net) a year and doesn't have to give it away, it must influence the price in the long run.
Also a lot of big money is sitting on the sidelines waiting to re enter if tax is dumped.
If you have a look at the week after the tax was announced you'll see what i mean.
It's only an oppinion guys, so DYOR
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Last
$42.73 |
Change
0.030(0.07%) |
Mkt cap ! $216.6B |
Open | High | Low | Value | Volume |
$42.65 | $42.85 | $42.50 | $149.1M | 3.496M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1442 | $42.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$42.74 | 3218 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 2266 | 42.720 |
26 | 8211 | 42.710 |
14 | 26102 | 42.700 |
7 | 2665 | 42.690 |
11 | 15638 | 42.680 |
Price($) | Vol. | No. |
---|---|---|
42.730 | 224 | 4 |
42.740 | 3278 | 16 |
42.750 | 3614 | 13 |
42.760 | 4269 | 13 |
42.770 | 2873 | 7 |
Last trade - 11.24am 18/07/2024 (20 minute delay) ? |
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BHP (ASX) Chart |