Am I right in thinking as long as base metal prices dont collapse.. over the next 6 months the amount of money that will be thrown at the share market just has to cause BHP to climb?
1) normal super
2) extra-super from the 'tax-free' contributers before EOFY
3) BHP buyback
4) cash from the inevitable takeovers of other aussie companies looking for a new home - private equity etc...
5) unwinding of dual-listing discount to aussie price
how can this stock go down from here?
Am I right in thinking as long as base metal prices dont...
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Last
$39.63 |
Change
-0.700(1.74%) |
Mkt cap ! $201.0B | |||
| Open | High | Low | Value | Volume |
| $40.20 | $40.35 | $39.63 | $339.4M | 8.507M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 102523 | $39.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.67 | 169 | 1 |
View Market Depth
| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| BHP (ASX) Chart |