BHP's actions make some sense if you've been following what the Aussie government has done in regards to torching shareholder good will and creating sovereign risk.
In this case money of mine is very on point. I think they are being far too polite with how they describe the situation with these 2 cases.
Majors are taking note of how these smaller mines are being bullied and the world is watching. Short term thinking in a nutshell.
In the best case scenario, it makes Australia look incompetent.
Pertinent market/industry news/articles, page-5605
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Last
44.0¢ |
Change
-0.010(2.22%) |
Mkt cap ! $87.86M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.0¢ | 44.0¢ | $12.74K | 28.58K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15213 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 19504 | 2 |
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| Last trade - 13.59pm 23/08/2024 (20 minute delay) ? |
| ARL (ASX) Chart |