Daytr....want an opinion from the other side. Don't you see more downside with BHP than FMG ?
I've brushed the comb over both of them and there's levers left right a center FMG can pull, I just don't see anything BHP can do to have their SP recover, either the Fe price or Crude oil has to improving, now with talk of $40 barrel.
FMG has a ultimate price to the downside of $1.69
BHP has $19.80 hanging on its neck
So from today's close both roughly have a possible 35% to the downside.
What can BHP do to shock/surprise the market to the upside that would benefit SH, I just can't see a single thing at all. Especially with retards on the board. ( Bet once BHP hits $19.80 there'll be a board reshuffle and Andrew M. will be gone and forgotten about)
I can think of 3-4 hard positive events FMG could throw out of the blue
And then there's major holder with skin in the game, I know some same doesn't make a difference but better some skin than none, Look at TPG (TPM)
So to sum up FMG has many levers to pull, BHP have none, isn't that a safer short ??
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$18.75 |
Change
-0.240(1.26%) |
Mkt cap ! $57.73B |
Open | High | Low | Value | Volume |
$18.53 | $18.75 | $18.44 | $216.3M | 11.60M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1990 | $18.75 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.76 | 47022 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1990 | 18.750 |
1 | 160 | 18.700 |
1 | 18 | 18.660 |
2 | 6000 | 18.650 |
1 | 2000 | 18.640 |
Price($) | Vol. | No. |
---|---|---|
18.780 | 1700 | 2 |
18.800 | 2800 | 2 |
18.820 | 200 | 1 |
18.850 | 7661 | 3 |
18.860 | 1242 | 2 |
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