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
$41.64 |
Change
-0.120(0.29%) |
Mkt cap ! $211.1B | |||
| Open | High | Low | Value | Volume |
| $41.75 | $41.77 | $41.35 | $254.3M | 6.119M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 16260 | $41.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.66 | 8400 | 2 |
View Market Depth
| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |