The big difference between BHP and RIO:
BHP has oil business
BHP only has $8b net debt, while RIO has $40b.
Very interesting figures regarding world top 4 miners estimated after tonight:
BHP trades at 38% of all time high, 45% in UK, and over 50% in AU;
RIO trades at 19% of all time high in UK
CVRD trades at 25% of all time high in US
XTA at 17% of all time high in UK, and 15% in Swiss
BHP outperforms everyone by a big margin.
The problem is whether wca
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Last
8,541.1 |
Change
-1.200(0.01%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,542.3 | 8,576.0 | 8,541.1 |
| XJO (ASX) Chart |