Partner1,
I am not sure where u get your information from but the 2006 annual report records 1268 kt of Cu sold @ 229 USc/lb . After you do the conversions to lbs,this translates to $6.5 billion in Cu sales out of total turnover of just over 39 billion. I make this 16.6% of BHP turnover.
By BHPs own admission a change of 1US cent in the price of Cu (all else being equal) tranlates into a $20M change in EBIT.
So Cu very important for BHP.
H
what sentiment driving price, page-9
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Last
$40.53 |
Change
-0.230(0.56%) |
Mkt cap ! $205.5B | |||
| Open | High | Low | Value | Volume |
| $40.18 | $40.53 | $40.12 | $380.4M | 9.420M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3063 | $40.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.54 | 10286 | 2 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |