I think its much more simple why the share price is depressed.
Oil has come off 12% from its high........thats a decent drop.
Once it goes back to 54 BHP will be back to $26.50 - $27.
We are dependant on oil, copper and iron ore. I cant see bhp going back to $26.50 with oil at 48.
Hope i am wrong.
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I think its much more simple why the share price is depressed....
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