re: why so cheap compared to rio? BHP's oil division suffered a setback with Hurricane Katrina in America. Oil price also went towards US$55 2/3 months ago, before rising back above US$60.
RIO's share price has been boosted by a sizeable on-market buyback program on the LSE.
I reckon once BHP starts its on-market buyback on the LSE (up to 10% of BHP Billiton PLC's share capital approved to be bought back, in the recent AGM), BHP's share price will outperform RIO during that coming timeframe.
Next critical factors - iron ore pricing and coal pricing for 2006.
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Last
$39.11 |
Change
-0.280(0.71%) |
Mkt cap ! $198.5B | |||
| Open | High | Low | Value | Volume |
| $38.77 | $39.13 | $38.66 | $252.7M | 6.479M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $39.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.11 | 3990 | 1 |
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| Last trade - 16.18pm 16/07/2025 (20 minute delay) ? |
| BHP (ASX) Chart |