Uniongroove77 is right. These majors are on ridiculously low p/e's. And the forward earnings assume 30% falls in Cu etc. Is is very dangerous to short these currently....forget the silly posts from the local kindi classes.
No it was not just that announcement, RIO is up as well.
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Last
$40.29 |
Change
1.180(3.02%) |
Mkt cap ! $204.5B | |||
| Open | High | Low | Value | Volume |
| $39.82 | $40.40 | $39.67 | $580.8M | 14.56M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 745 | $40.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.29 | 35 | 2 |
View Market Depth
| Last trade - 16.14pm 18/07/2025 (20 minute delay) ? |
| BHP (ASX) Chart |