firetechie,
IMO bhp is a relatively low growth behemoth that happens to have found itself in the middle of a price boom, but their production growth in their latest annual report is generally 6 to 10 percent. Nothing wrong with that, but to maintain the current share price would require massive growth in either production or metal prices or both... That's how this marketplace works.
We all trade on the basis of the same information but in the short to intermediate term I consider base metals and oil to have topped so I don't expect the share price to waste any time on the decline. I may be wrong though so best of luck with your longs.
profit, page-8
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Last
$40.07 |
Change
0.060(0.15%) |
Mkt cap ! $203.3B | |||
| Open | High | Low | Value | Volume |
| $40.05 | $40.25 | $40.02 | $285.6M | 7.104M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $40.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.12 | 1349 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| BHP (ASX) Chart |