Any number or combination of reasons are possible, but regardless there is a 20% premium being paid in Oz at the moment & ultimarly these equilibrium is the natural order.
The other interesting thing is that within our market, the BHP / RIO ratio continues to deteriorate ... around 2.65 at the moment.
Combine the premium disparity & the RIO disparity & it means that either BHP is leading the way forward, or it is lagging behind ..... time will tell which it is
Any number or combination of reasons are possible, but...
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Last
$45.06 |
Change
0.420(0.94%) |
Mkt cap ! $228.6B | |||
| Open | High | Low | Value | Volume |
| $45.05 | $45.47 | $44.78 | $351.0M | 7.781M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45 | $45.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $45.07 | 4549 | 1 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |