China is deliberately slowing down production to bring down commodity prices, using their massive stockpiles whilst they go through economic reform. It's clear they need to "finish what they have started" unless we go back to the stone age! The world is in shock atm. Once the USD starts falling again, as it did at the start of this mess then we will see money pouring off the USD and back on to Oil and commodities. China will pick up and resource giants ( BHP ) will slowly get back to normal.
as for $5... i've seen and heard it all now! How can a company that earned $15billion FY08 see it's sp come back to $5, even in these horrific times and even if things get worse.. there is no possibility. GenY dude.. you are going the right way about losing all credibility here, not that you care i'm sure. ( Typical GenY lol ) IMO
China is deliberately slowing down production to bring down...
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Last
$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 | $42.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.73 | 600 | 1 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |