Great views people. My 2c is that last weeks rally was alot to do with the RIO deal being scuttled. Obviously this was just coincident. LOL!
Lets see where OIL is going as i think some may be surprised how low this can go. Albeit a very short lived low in time. OPEC cant keep member states in line and we know they lie all the time on production. They need to keep it pumping. Many Mid East project cancellations next year will put further downward pressure on industrial commodities. I cant any good news, so its a matter of how much has already been discounted in the stock.
Now over to the RBA. None of what they are doing will help, but hey it en-Vogue these days with Central Banks to plant the seeds of hyper-inflation. Great!
PS.....Go the Barry!
Great views people. My 2c is that last weeks rally was alot to...
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Last
$42.68 |
Change
-0.470(1.09%) |
Mkt cap ! $216.4B | |||
| Open | High | Low | Value | Volume |
| $42.71 | $43.20 | $42.68 | $463.8M | 10.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13572 | $42.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.70 | 457 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BHP (ASX) Chart |