Essentially the same effect has occured in the chinese steel industry currently but without bhp taking advantage because they dont have the infrastructure to gain market share of the steel industry.
I am sure there would be some good jv partners out there who would have the cash to execute plans like this.
liabilities high diversification needed, page-5
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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 |