brazil has had about $1 in the drop - i really wouldnt place much weight on that,
the dividend debate has had much more impact than brazil - albeit brazil probably helped add weight to the dividend debate
the issue i have is that iron ore has strong potential to dive below us40 and does oil - with the us rate hike.
and personally i see bhp as so overvalued compared to other resources stocks - id prefer it to drop again before my super fund would buy it
but on a pure technical trade - i agree - buy now - put stops in around $19.50 - and if the commodities take it lower regroup on small loss
Trevor Sykes: BHP is a red hot buy, page-57
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Last
$38.45 |
Change
-0.460(1.18%) |
Mkt cap ! $195.0B | |||
| Open | High | Low | Value | Volume |
| $39.00 | $39.07 | $38.28 | $323.2M | 8.359M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1696 | $38.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.46 | 24810 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| BHP (ASX) Chart |