this so called global slow down is a joke and so is our market.
try telling the chinese they are going to slow down.
over the next year they'll use as much iron ore as the rest of the world put together.
brazil have managed a 70pc increase in their ore prices and bhp and rio are holding out for more.
china are buying up our resource companies, chinaelco have stated they want to increae their stake in rio and word is they may even make a 150 bid.
yet our market has once again taken o/s lead and have gone over the top.
anyhow i've loaded up on rio.
warning, page-75
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Last
$42.30 |
Change
0.760(1.83%) |
Mkt cap ! $214.5B | |||
| Open | High | Low | Value | Volume |
| $41.32 | $42.30 | $41.18 | $505.2M | 12.01M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1220 | $42.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.30 | 12134 | 2 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |