Hi Belen08,
In my view if the merger failed ( and I hope it does ) I would think that BHP price would go to around $44/46 p/s.
I would also think that RIO would drop to around $110, because of expectation of another offer or further buying from China interests.
Now why do I hope the merger doesn't get up, I am reserved about the amount of synergy that the two companies are supposed to generate, I hope this isn't a cover for just some very large ego's on the board wanting to leave their mark.
I beleive that BHP in its cashed up posting is in the box seat to aquire small miners who have resources but will find it very difficult in this present climate to raise capital for further expansion, hence a cashed up BHP is the only way forward for them.
Again these are just my views, and I still have to work for a living so I am not that smart, just my two cents worth!
- Forums
- ASX - By Stock
- trading
Hi Belen08,In my view if the merger failed ( and I hope it does...
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BHP (ASX) to my watchlist
|
|||||
Last
$40.77 |
Change
0.240(0.59%) |
Mkt cap ! $206.7B |
Open | High | Low | Value | Volume |
$40.70 | $40.90 | $40.45 | $537.7M | 13.19M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50 | $40.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$40.78 | 8000 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50 | 40.760 |
1 | 100 | 40.750 |
1 | 100 | 40.730 |
1 | 2000 | 40.710 |
1 | 125 | 40.700 |
Price($) | Vol. | No. |
---|---|---|
40.780 | 2000 | 2 |
40.790 | 450 | 2 |
40.800 | 10405 | 4 |
40.810 | 2200 | 2 |
40.820 | 35748 | 4 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
BHP (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online