Why do the analysts continue to talk up the likes of mining giant BHP
Profits fall 86 per cent
Oil price continues to fall
Iron ore price continues to fall
Coal price continues to fall
Well my answer is so that the insto's can deleverage holdings in these companies
The analysts work in conjunction with these fund managers to give a false sense of security
Even my 10 year old niece can see this
It is not rocket science
Just look at Glencore
Above is my opinion
Why do the analysts continue to talk up the likes of mining...
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Last
$38.45 |
Change
-0.460(1.18%) |
Mkt cap ! $195.0B | |||
| Open | High | Low | Value | Volume |
| $39.00 | $39.07 | $38.28 | $323.2M | 8.359M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1696 | $38.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.46 | 24810 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| BHP (ASX) Chart |