Too soon to be $10 its unrealistic, for now. It will when io and oil is $25 both of which will hit there, matter of when. My target for io was to bottom at mid 30s, luckily it does follow my own estimate. This year io wouldnt be so lucky to stay that overpriced, $20s will def hit io this year.
Mind u bhp is still in game game, afterall if bhp cant survive, no one will. Cost cutting and restructuring, bhp will be fine. Tho I doubt the management are capable to do that, way overspend and waste of precious resources when they r selling $180 a ton.
I buy bhp for really short term play. Do your own research if u want long term. I will exit at $17-18 which i deem fair on jan-feb. Share price drop too low too soon.
Too soon to be $10 its unrealistic, for now. It will when io and...
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Last
$41.56 |
Change
0.100(0.24%) |
Mkt cap ! $210.7B | |||
| Open | High | Low | Value | Volume |
| $41.31 | $41.56 | $41.02 | $239.0M | 5.777M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $41.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.57 | 9916 | 3 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |