I've been long BHP eto's (again) since early November when it was trading around $11.35.
Having weathered the fall to $10.65 I see it now going higher...at least to $12.00 and possibly testing the October $12.28 highs. I'm surprised how far this stock can move in one day...3%-5% increases/decreases are nothing out of the ordinary.
I was also surprised by its rise on Wednesday given the rising $Aust, BHP's poor performance on Tuesday night in London and the interest rate announcement.
I see BHP as a proxy for the state of the world economy (which imo will grow strongly over the next 12 months). I am also expecting more rotation out of property and into the share market (and speciifcally into bhp as one of the more obvious large caps).
Cheers Ajax
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I've been long BHP eto's (again) since early November when it...
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Last
$42.49 |
Change
0.190(0.45%) |
Mkt cap ! $216.8B |
Open | High | Low | Value | Volume |
$42.83 | $42.92 | $42.33 | $303.6M | 7.112M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 6790 | $42.48 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$42.49 | 321 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2083 | 46.810 |
1 | 53607 | 45.960 |
1 | 6807 | 45.900 |
2 | 5889 | 45.750 |
1 | 5358 | 45.530 |
Price($) | Vol. | No. |
---|---|---|
38.310 | 4331 | 2 |
39.590 | 12817 | 4 |
40.000 | 1038 | 3 |
40.020 | 6591 | 1 |
40.370 | 38468 | 3 |
Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
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BHP (ASX) Chart |