Morning Mong. Did i say b4 bailouts don't work? LOL!!!! Sadly it will make it worse; once the market bottoms we will see hyper inflation, worse unemployment etc...
Massive de-leveraging on all asset classes across the board is the driving force. Dont expect a quick rebound once we bottom like previous lows. BHP has a crap dividend so people wont want to hold it through a long recession and protracted sideways market.
Like i said yesterday, the rebound yesterday was another deadcat and i went short.
Good luck all.
pain today, page-11
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Last
$41.76 |
Change
-0.900(2.11%) |
Mkt cap ! $211.7B | |||
| Open | High | Low | Value | Volume |
| $42.02 | $42.09 | $41.75 | $565.3M | 13.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 176 | 109821 | $41.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.80 | 17792 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |