you guys get me that talk about the thirst for metals in china do you think BHP and Australia is the only place they buy metals from.Things are slowing the US are in recession this will affect sales of goods made from resources.Now if we look at logistics we have Africa and Europe and even America closer to china.So it would be cheaper for them to buy from there.Why do you think they are blocking sales of Iron from Australia at the moment.Watch for growth to slow in china to single digit we are just about there stronger dollar will hurt as well.
Don't believe what you read in the paper.
the best asx resource stock around , page-235
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Last
$40.21 |
Change
-0.810(1.97%) |
Mkt cap ! $203.9B | |||
| Open | High | Low | Value | Volume |
| $40.57 | $40.59 | $40.06 | $321.6M | 7.985M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5550 | $40.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.22 | 5300 | 2 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |