im not short - im just exceptionally frustrated with mgt of bhp and rio being so incredibly low in iq and expertise.
i was incensed at kloppers being rewarded for some of the poorest decision makign in the past 30 years, and then to see rio and bhp collapse the cave roof on iron prices and destroy their own profitability for probably 5+ years, its just beggared belief
i think we are nearing bottom for the 'consumption' materials - nickel, copper, oil.
but supply/demand balance isnt price appreciation - and it could be there's a fair period of 'sideways' before any recovery in margins
iron or and met coal will be in my view dead for a couple of years - iron ore particularly.
thermal coal will improve but met coal displaced into thermal coal market will supress price action there
was a great party that went for several years... the hangover will be just as long, cos these bozos decided theyd drink through to the next morning
- Forums
- ASX - By Stock
- BHP
- why is bhp not 14$
why is bhp not 14$, page-37
-
-
- There are more pages in this discussion • 59 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BHP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$42.54 |
Change
0.475(1.13%) |
Mkt cap ! $213.4B |
Open | High | Low | Value | Volume |
$42.70 | $42.80 | $42.48 | $39.47M | 925.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 879 | $42.53 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$42.54 | 14 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50 | 42.050 |
1 | 3318 | 42.020 |
1 | 4 | 42.010 |
15 | 8386 | 42.000 |
2 | 43 | 41.990 |
Price($) | Vol. | No. |
---|---|---|
42.180 | 1000 | 1 |
42.200 | 300 | 1 |
42.250 | 1866 | 2 |
42.390 | 2000 | 1 |
42.400 | 2000 | 2 |
Last trade - 10.40am 21/10/2024 (20 minute delay) ? |
Featured News
BHP (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online