zanz, I think you can justify your reasons for your target all you like but at the end of the day it's a simple equation really.. when commodity prices start to show signs of stability then so will BHP. When commodity prices show signs of increasing so will BHP. Not to mention the obvious... OIL!
Do some of you really think that commodity, base metal and oil price will keep plummeting? Please! Where's the sense?
Everything heads south in a correction(albeit a MOTHER of a correction) and then finds it's place again. History tells that it's generally NORTH from there.
Wait till the USD tanks and relief will be unleashed.
outliered out of the bollinger band today, page-55
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Last
$42.49 |
Change
0.190(0.45%) |
Mkt cap ! $215.4B | |||
| Open | High | Low | Value | Volume |
| $42.83 | $42.92 | $42.33 | $303.6M | 7.112M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 499 | $42.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.49 | 321 | 1 |
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| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |