Someone wants out of BHP badly. I am sure that the recent rise in BHP is causing a lot of the selling but the relentless selling today is hard to fathom.
The recent metallurgical coal increases is huge (probably adding up to $6b in EBIT) and I am sure the market hasn't yet appreciated the impact on 2009 earnings. Add the iron ore 70% increases and this big fella is way undervalued.
H
huge selling
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Last
$39.55 |
Change
0.000(0.00%) |
Mkt cap ! $200.6B | |||
| Open | High | Low | Value | Volume |
| $39.64 | $39.73 | $39.50 | $271.5M | 6.834M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12586 | $39.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.60 | 570 | 1 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| BHP (ASX) Chart |