i dont get the panic.
how is this a correction if its come from $35 a month ago? The only people who would be bothered by this 'correction' are traders... and who cares about them anyway (if they dont add value -ie hold, take part in issues... - I dont care).
If BHP gets down to below $40, then you can suggest its a Chinese buying Opp. Otherwise, if they were going to buy, they could have done it 2 weeks ago for much less than todays 'corrected' price.
For the record, i see no reason for a Chinese slow down (the suggestion that building a couple of stadiums represented the lions share of growth when you have a billion people undergoing an urbanisation process is absurd!). I suspect the commodity cycle will continue for the next 10 years, and short of a nuclear war btw India and China, i simply cannot fathom that BHP will be less than $75 in 12 months time.
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i dont get the panic.how is this a correction if its come from...
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Last
$44.39 |
Change
-0.380(0.85%) |
Mkt cap ! $225.1B |
Open | High | Low | Value | Volume |
$44.52 | $44.68 | $44.21 | $228.3M | 5.147M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 93 | $44.38 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$44.40 | 13049 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 185 | 44.300 |
2 | 3000 | 44.230 |
2 | 10500 | 44.220 |
3 | 1054 | 44.210 |
8 | 4179 | 44.200 |
Price($) | Vol. | No. |
---|---|---|
44.400 | 700 | 1 |
44.500 | 519 | 4 |
44.580 | 1600 | 2 |
44.600 | 1909 | 4 |
44.650 | 200 | 1 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
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BHP (ASX) Chart |