re: watch bhp play catchup in us tonight BHP UP IN US TONIGHT....VERY likely...but ONLY because it will need to go up a few percent just to CATCH up on our price...either that or a huge drop here 2morrow to play tripple catch down on US price.
have a look @ the copper chart's @ kitco.com copper is yet to stop freefall- only the 1 year plus charts show gains now. I think copper price needs to start stabilising so that forward earnings estimates can be more assured before knowing where bhp is heading. There has to be a price point for copper/other metals where earnings not looking so hot anymore....especially when you consider the MASSIVE budget blow-outs on so many new/upcoming projects.
BUt considering how strong our market has been lately and the bull blinkers it has on then i think our market will just ignore the base metal prices and continue onward & upward? (2 nights of dow friday & tuesday which resulted in a negative net but our market sees up and keeps going....as 2 with bhp US/UK price vs au)
nextime
regards
nextime
re: watch bhp play catchup in us tonight BHP UP IN US...
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Last
$43.34 |
Change
0.020(0.05%) |
Mkt cap ! $219.8B | |||
| Open | High | Low | Value | Volume |
| $42.88 | $43.34 | $42.67 | $330.0M | 7.648M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2028 | $43.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.35 | 15288 | 7 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| BHP (ASX) Chart |