1st sell on BHP I have ever seen and forecast scary. FMG will follow IMO
from todays front page compare-hares. (google)
SELL RECOMMENDATION
BHP Billiton (BHP)
We don’t believe markets have fully priced in the dramatic effect lower commodity prices are going to have on BHP Billiton’s bottom line next year. Most commodities BHP Billiton mines are 60 per cent lower than their June half-year averages. It’s a big call, but we would not be surprised to see BHP trading below $20 some time next year as analysts trim their earnings forecasts.
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8 | 7620 | 18.110 |
20 | 32600 | 18.100 |
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