mmp
your in front and good on u - I make no comment as to future share price direction but i can say it only just over 2 years ago and some Chinese institutions were shorting bhp and other miners -this plus rhetoric and some go slow from China helped push BHP down to $14 odd.
There are similarities here with the wine slowdown
The same pattern has happened in Wool and cotton markets over the years -China pulls out or does something every couple of years just to flex their muscles -but also to pull price of commodity down
we now also have Chinese hedge funds with profit motive plus possibly good media and political connections in china which play and feed the news cycles as another disrupter
TWE Price at posting:
$16.63 Sentiment: Hold Disclosure: Not Held
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