Mong
Not having a go mate but your attitude about which way the price is going and you believing your own rhetoric suggest you are the one who wants confirm his trade.
Barry simply thinks BHP is possibly going down cause many of the fundamentals suggest a fall off in demand.
Reminding you that BHP also produces many other materials. Iron ore is not competitive enough so when IO is doing well BHP does also.
I have no doubts in long term BHP is a $100 stock but in short term all material producers are going to keep hit bottoms til Western economies pickup again, thats sentinment.
Now confirmed merging economies depend on Western demand.
long term BHP bull
short term BHP bear
Market noise suggests trading range 18-35
Good luck
MongNot having a go mate but your attitude about which way the...
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Last
$42.78 |
Change
0.030(0.07%) |
Mkt cap ! $216.9B | |||
| Open | High | Low | Value | Volume |
| $42.92 | $43.08 | $42.62 | $778.2M | 18.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $42.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.81 | 119112 | 3 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| BHP (ASX) Chart |