A reasonable buy at $32 to give some upside. Otherwise why buy in the face of financial instability. 2008 and 2009 will be wild.
Yeah I know I am a chicken little. Any increase in bulk commodity prices will be short lived and will be offset by falls in base metals, and possibly oil prices as economies face recessions. BHP may do better than RIO because it has oil, and the only thing that will support RIO will be the ongoing issue of a possible takeover.
BHP may be worth $50 in late 2009. Only 20 or so months to go. Back to snooze for those waiting.
DYOR
massive buy , page-14
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Last
$41.10 |
Change
-0.160(0.39%) |
Mkt cap ! $208.7B | |||
| Open | High | Low | Value | Volume |
| $41.02 | $41.28 | $40.88 | $158.7M | 3.865M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 4846 | $41.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.11 | 1282 | 12 |
View Market Depth
| Last trade - 14.28pm 07/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |