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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$42.70 |
Change
-0.380(0.88%) |
Mkt cap ! $216.5B |
Open | High | Low | Value | Volume |
$42.91 | $43.15 | $42.66 | $398.1M | 9.282M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 16374 | $42.70 |
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Price($) | Vol. | No. |
---|---|---|
$42.73 | 600 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4788 | 46.970 |
3 | 2032 | 44.830 |
1 | 900 | 44.790 |
1 | 45 | 44.000 |
2 | 1326 | 43.980 |
Price($) | Vol. | No. |
---|---|---|
38.430 | 2872 | 1 |
40.500 | 118 | 2 |
40.570 | 6233 | 3 |
41.000 | 1322 | 8 |
41.410 | 1041 | 4 |
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