First, the good news, on London exchange, BHP is now up 2.5%. The share prices should soon start picking up due to Dividend factor.
BHP is exposed to oil and iron ore and both will both sway prices. Oil is down today and there was news out of Russia(see above). I noticed that the past few days, BHP open prices have been sharply higher than US/London pricing and disproportionate to price movements in oil and IO, which makes me uncomfortable.
By holding BHP for few years (5+), I expect prices to turnaround when oil and IO prices rebound. Good luck!
Iron Ore Price, page-1907
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