Funny when it was double the price 5 months ago everyone was saying buy...then 4 weeks ago when it was 75% higher peoples feelings were mixed.
Now its near good support at $24 people are saying it will go much lower, i feel it may be exhausted in the shot term and fair value in the mid term.
As to long term, well thats not my game...who knows what will happen in a year or 2.
China is forecasted to still be growing around 8 or 9% and the population of the world will not decrease.
PS anyone know the equivalant price for BHP in aus dollars that it traded in the UK last night...I have it up 10.5% last night from its close the day before whilst we fell nearly 5% yesterday.
what price, page-54
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Last
$41.46 |
Change
-0.180(0.43%) |
Mkt cap ! $210.2B | |||
| Open | High | Low | Value | Volume |
| $41.85 | $41.93 | $41.46 | $335.0M | 8.041M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6629 | $41.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.50 | 16313 | 2 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |